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Nickel News Roundup - June 16, 2022
Crypto Nickel Digital Gold Institutional Fund Views: 1

Nickel News Roundup16th June, 2022

 

Market Overview:

Digital assets suffered major losses this week after record inflation figures and recession fears led to a global sell-off.

Bitcoin experienced major losses this week, falling to its lowest levels since December 2020The decline was catalysed by CPI data on Friday, leading to widespread expectations (which were proven correct) of a 75 basis point interest rate hikeThe market drop accelerated from Monday

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