CoinScoopBitcoin faces inflation risk as US diesel prices hit record high
US on-highway diesel reached a nominal record of $6.529 per gallon on Sept. 21, according to the Energy Information Administration. The rise in fuel costs, driven by tight global supply, poses a potential inflation risk that could impact Bitcoin investors monitoring interest rate trends. Meanwhile, US distillate stocks declined to 107.431 million barrels as of Sept. 18.
Summaries are written by AI from the original article. Not investment advice.