Bitcoin Sinks After US CPI Report Shows Inflation Hotter Than Expected

Bitcoin Recovers to Over $19K; Nomura Warns of US, UK Recession

Investors should be attentive to “continued divergence in direction between headline and core measures as compared to prior periods,” Michael Weisz, president of Yieldstreet, said. “Core categories, such as housing costs, tend to be ‘stickier’ in terms of price movements, and can give insight into future inflation expectations.”

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