A new report by the U.S. Bureau of Labor Statistics shows that inflation is once again on the rise, causing crypto markets and leading digital asset Bitcoin (BTC) to dip. According to the newest Consumer Price Index Summary, which tracks the value of goods and services, overall prices rose 8.6% year-over-year in May, marking the […]The post Is Bitcoin an Inflation Hedge? BTC and Crypto Market Dip Amid Reports of Rising Cost of Living in the US appeared first on The Daily Hodl.
