This is an opinion editorial by Mike Ermolaev, head of public relations and content at Kikimora Labs.
Setting The Context: Global Economy Fundamentals
The economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a time of rampant inflation with central banks trying to remedy that by raising interest rates.
The U.S. CPI data (consumer price index), released on October 13, came in higher than expected (8.2% year-over-year), negatively impacting the bitcoin…
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