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As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls – Economics Bitcoin News

U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden

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Bitcoin dips below $47K as US dollar surge dampens BTC price performance

Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEthereum steals the limelightData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrow range as the week began, with traders

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Bitcoin Price Trapped in Weekly Consolidation While Its Market Cap Dipped Below $1 Trillion

Bitcoin price dipped approximately 6.6% in the past 24-hours according to metrics provided by CoinGecko. Bitcoin price experienced a sharp decline on March 24 to trade below $52k, consequently, its market cap dipped below the $1 trillion levels to approximately $968 billion at the time of writing according to CoinGecko. However,

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