Bitcoin recently hit an all-time high of $124,400 and is up 93% from over a year ago. But fans of the cryptocurrency think it can go even higher, and those folks experienced a rollercoaster of emotions on Thursday after Scott Bessent gave conflicting signals about what the U.S. government had planned for the world’s most […]
Crypto Prices Plunge After Shock Inflation Report
The biggest cryptocurrencies in the world dipped sharply Thursday after the latest inflation data showed wholesale prices are rising much faster than expected. The price of Bitcoin is down 3.8% on the day ($117,900), Ethereum is down 4% ($4,535), and Ripple is down 6.1% ($3.07) according to CoinMarketCap. Crypto prices are responding to the Producer […]