Bitcoin briefly crosses $52,000 as it recaptures $1 trillion marketplace cap: CNBC Crypto Earth

Bitcoin briefly crosses ,000 as it recaptures  trillion marketplace cap: CNBC Crypto Earth


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CNBC Crypto Globe features the hottest news and everyday trading updates from the electronic currency markets and delivers viewers with a search at what is in advance with large-profile interviews, explainers, and special stories from the ever-shifting crypto field. On modern present, Andy Baehr of CoinDesk Indices discusses what is driving bitcoin’s rally to multi-12 months highs.



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Gold is now the world’s second-largest reserve asset — but central bank appetite is waning
World

Gold is now the world’s second-largest reserve asset — but central bank appetite is waning

An employee arranges gold bars at the Italpreziosi SpA precious metals refinery plant in Arezzo, Italy, on Tuesday, May 6, 2025. Bloomberg | Bloomberg | Getty Images Central banks’ growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday […]

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U.S. inflation rises 0.1% in May from prior month, less than expected
World

U.S. inflation rises 0.1% in May from prior month, less than expected

Consumer prices rose less than expected in May as President Donald Trump’s tariffs had yet to show significant impact on inflation, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad-based measure of goods and services across the sprawling U.S. economy, increased 0.1% for the month, putting the annual inflation rate at […]

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UK finance minister set on ‘renewing Britain’ as she unveils spending plans
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UK finance minister set on ‘renewing Britain’ as she unveils spending plans

U.K.Chancellor of the Exchequer Rachel Reeves leaves 10 Downing Street ahead of PMQs in the House of Commons in London, United Kingdom on June 11, 2025. Anadolu | Anadolu | Getty Images U.K. Chancellor Rachel Reeves is delivering the government’s Spending Review on Wednesday, with all eyes on how billions of pounds’ worth of public […]

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