Home Bitcoin News Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin – CoinDesk

Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin – CoinDesk

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“If financial markets grow nervous, the Fed may have an aggressive tightening cycle, and the first thing that gets sold is your top-performing assets and that would be cryptos for many traders,” Edward Moya, a senior markets analyst at the foreign-exchange brokerage Oanda, told CoinDesk’s Lyllah Ledesma.

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