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First Mover Asia: Recycling Bad Actors in Crypto; Bitcoin Holds Below $40K

As traders speculate on the possible economic impact of coronavirus-related lockdowns in China, investors in the U.S. are betting on whether inflation might be nearing a peak.

By Sam Reynolds, Damanick Dantes, Bradley Keoun

Updated May 11, 2023, 5:30 p.m. Published Apr 12, 2022, 10:34 p.m.

Oil prices back above $100 a barrel spoiled the enthusiasm that inflation might be peaking. (Creative Commons)