Quick Take The latest US inflation data has surprised analysts, with headline inflation year-over-year (YoY) coming in at 3.5% — 0.1% above forecasts. The development is significant considering the Federal Reserve’s most aggressive hiking cycle in decades, according to Statista, which aimed to tame the rampant inflation that the central bank initially claimed was transitory. […]
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Bitcoin’s dual nature: shifting between risk-on and risk-off amid market turbulence