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Bitcoin Lags Behind Global Market Rally, Raising Caution Among Investors


The leading cryptocurrency Bitcoin failed to rally with global markets this week triggered by cooling US inflation. The recent decoupling of Bitcoin from the global markets has left investors worried about the token’s outlook.  While S&P 500 and Nasdaq closed at their highest since April 2022...

US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals


On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....

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