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Bitcoin is the world's largest cryptocurrency. Its market capitalization of $1.8 trillion represents more than half the value of all cryptocurrencies in circulation, which currently stands at $3.4 trillion. Bitcoin soared by 120% during 2024, and a significant portion of that gain was generated after Donald Trump's U.S. election win on Nov. 5. The ...
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The Producer Price Index for final demand advanced 0.2 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.4 percent in November and 0.2 percent in October. (See table A.) On an unadjusted basis, the index for final demand increased 3.3 percent in 2024 after moving up 1.1 percent in 2023. ...