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BlackRock’s Robert Mitchnick: Bitcoin Is Not Risk Asset, Possible Flight to Safety
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The latest Consumer Price Index print was 20 basis points lower than last month’s 8.5%
On Wednesday this week, President Joe Biden confirmed the US economy had zero inflation in
Market seem to be all tense ahead of the US CPI announcement today, August 10.
The crypto market is witnessing an impressive recovery, BTC price currently hovering around $23.000. Bitcoin’s
Bitcoin price suddenly crossed the $22,000 mark within the past few hours, currently trading around
Binance CEO Changpeng Zhao (CZ) appears to disagree with the recently released inflation data. According
Immediately after the US announced that the CPI increased more than expected at 9.1%, the
Bitcoin regained past US$20,000 on Thursday morning in Asia, after a 3.4%Â drop in an hour
Bitcoin (BTC) has recovered from the intraday low of $18,999 following the release of US
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