Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st ...

Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st ...

It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report. Bitcoin (BTC) gained more free publicity this week as inflation data showed that prices are rising faster than even experts had anticipated.The latest Consumer Price Index (CPI) report on June 10 from the United States Bureau of Labor Statistics (BLS) also revealed that hourly average earnings for United States workers are at their lowest this century.Inflation returns to 2008 levelsOne of Bitcoin's best friends is inflation. Its inherently deflationary nature allows its users....


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