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Bitcoin price plummeting below $60,000 amid inflation concerns, with charts and liquidation warnings.
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Bitcoin falls below $60,000 on sticky inflation data

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Bitcoin dropped below $60,000 on June 25 after U.S. economic reports showed persistent inflation and firm growth. The move triggered nearly $1 billion in liquidations across crypto derivatives.

South Korea will lower the cap on fuel prices to reflect the recent decline in global crude oil prices while freezing electricity and gas rates in the second half, Finance Minister Koo Yun-cheol said on Friday.

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A crash in farm-gate onion prices six months ago has left Ethiopian farmers without capital, causing current shortages and higher costs for urban consumers in Addis Ababa.

Prime Minister Mostafa Madbouly chaired the Economic Ministerial Group meeting in the New Administrative Capital to review the IMF reform programme, inflation and investment reforms.

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U.S. consumer inflation rose to 4.2% in May, the Bureau of Labor Statistics reported Wednesday, matching economists’ expectations and marking the highest 12-month reading since April 2023.

Ethiopia has reached a staff-level agreement with the IMF on the fifth review of its economic reform program following an in-person visit and virtual talks.

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한국의 소비자물가가 5월에 전년 동월 대비 3.1% 상승했다. 이는 26개월 만에 가장 빠른 증가세로, 중동 전쟁으로 인한 연료 가격 급등이 주요 원인이다.

 

 

 

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