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Tuesday

22 June 2021

Bitcoin Up 8% Amid Fastest Rise in Consumer Prices Since Financial Crisis

Bitcoin Up 8% Amid Fastest Rise in Consumer Prices Since Financial Crisis


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Bitcoin Up 6% Amid Fastest Rise in Consumer Prices Since Financial Crisis.

Bureau of Labor and Statistics todayreporteda 5% rise since last year in the consumer price index, reviving inflation fears. .

The consumer price index (CPI) is a basket of consumer goods used to measure individuals' general cost of living.

Of the 80,000 total items included in the index, the average change in cost rose by 5%, indicating that many consumer goods have become more expensive.

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