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Consumer spending rises as cheaper gas eases inflation pressure, and crypto markets are watching closely
Falling gasoline prices are boosting consumer spending and easing inflation, creating a macro backdrop that could support Bitcoin and crypto risk assets.
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cryptobriefing.com
Timeline cronologica
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US inflation climbs to highest since 2023 as consumer spending and income beat forecasts
US consumer spending rose 0.7% in May as CPI hit 4.2%, a three-year high. Here's what the inflation-spending paradox means for crypto and risk assets.
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Consumer spending rises as cheaper gas eases inflation pressure, and crypto markets are watching closely
Falling gasoline prices are boosting consumer spending and easing inflation, creating a macro backdrop that could support Bitcoin and crypto risk assets.