Today’s Top Crypto News – Wednesday 7/13/22

US Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls – CoinDesk

“The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July.”

Bitcoin Traces an Ominous Chart Pattern Evoking Plunge in June – Bloomberg

“The latest Bitcoin chart pattern suggests cryptocurrency speculators should brace for more losses.”

Shanghai included blockchain, NFTs and Web3 in its 5-year plan – CoinTelegraph

“The municipal government pledged to support the enterprises that are discovering the non-fungibles market.”

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