Archive: fuel costs
A Strong Dollar Drives Bitcoin’s Price Down
By Vin Narayanan on July 15, 2022
Crypto Market Musings Phew. June inflation numbers came in hot on Wednesday — and the markets mostly yawned. Bitcoin is trading (as of this writing) at around $20,000. It was trading around $21,000 last week. Ethereum is trading around $1,131. It was trading around $1,200 at this point last week. Considering inflation is up 9.1% year over year (the biggest single year jump since 1981) and 1.3% since May (the biggest…