Bitcoin (BTC) Price Moves as US CPI for May Hits 2-Year High

The May Consumer Price Index (CPI) report has just been released, showing that inflation in the United States increased precisely as economists had forecasted. The figure surged to 4.2%, the highest level since April 2023. For its part, Core CPI (which excludes food and energy prices) has risen to...
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Is Bitcoin Cheap? Grayscale Found Indicators That Say ‘Yes, But…’

Bitcoin’s (CRYPTO: BTC) plunge around $61,000 has pushed on-chain valuation metrics into undervalued territory, though the asset remains more expensive than at prior cycle bottoms. “Is BTC Cheap Yet?“ Zach Pandl, head of research at Grayscale wrote on June 9 that a range of on-chain indicators suggests Bitcoin is...
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