Today news
About the same in other media
Bitcoin Hits All-Time High on Record US Inflation Figures
Reading now: 221
Bitcoin (BTC) hit yet another all-time high on Wednesday, as October’s inflation figures in the USA reached an annual rate of 6.3%, its highest level in 30 years.
At 15:22 UTC, bitcoin traded at USD 68,358, up 1% over the past 24 hours. The price is down from a peak of USD 69,044 (per Coingecko) reached right around 14:15 UTC, marking a new all-time high for the top-ranked cryptocurrency.
The latest price rise for bitcoin comes as the US Labor Department released new figures that showed the consumer-price index (CPI) in the country coming in at its highest level since 1990, and topping 5% for the 5th consecutive month.
Meanwhile, the so-called core price index, which excludes food and energy prices, came in at 4.6% compared to a year earlier,
Read more on cryptonews.comAbout this in other media
El Salvador plans $1 billion in tokenised Bitcoin bonds economictimes.indiatimes.com /2 years ago
Bitcoin City: El Salvador plans world's first city built with crypto bonds and powered by volcano euronews.com /2 years ago
El Salvador president plans 'Bitcoin City' financed by crypto bonds moneycontrol.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
