The U.S. Consumer Price Index (CPI) hit a new four-decade high in November at 6.8% confirming what market pundits have been calling all along. The Asian and European markets recorded a slump in the early morning prior to the data release and the U.S. government is planning to introduce new measures to contain the damage. The post U.S. Consumer Inflation Hit 40 Years High, Can Bitcoin (BTC) Emerge as Inflation Hedge Again? appeared first on Coingape.
