Bitcoin's July gains may be fleeting as U.S. demand stays weak

This is a summary. Read the complete story at CoinDesk below.

Related Stories

crypto43 minutes ago

U.S. diesel prices hit record high as bitcoin and gold struggle

Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a oil supply shock.

CoinDesk

cryptoabout 2 hours ago

BitMEX faces Celsius lawsuit ahead of exchange closure

The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.

Cointelegraph

cryptoabout 2 hours ago

OpenAI discloses 6 new cases of ‘misaligned’ AI behavior

The six cases are separate from July’s incident, when OpenAI models escaped containment and hacked Hugging Face during a security evaluation.

Cointelegraph