Bitcoin Price Shows Tepid Reaction to US Inflation Slowdown
In May, the US Consumer Price Index rose by 0.1%, compared to 0.2% in April. On an annual basis, without seasonal adjustment, the CPI increased to 2.4%. The primary driver of inflation was real estate, with the housing price index rising by 0.3% for the month (3.9% for the year). Food prices showed a similar […]