List of Flash News about inflation trends
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2025-05-23 17:09 |
US Gasoline Prices Drop to $3.08 for Memorial Day 2025: Impact on Crypto Market Volatility
According to @PressSec, national average gasoline prices in the US are expected to reach $3.08 per gallon for Memorial Day 2025, down from $3.58 last year, based on GasBuddy data. This marks the second lowest inflation-adjusted price in recent years. Historically, lower fuel costs can reduce inflationary pressures, potentially stabilizing traditional markets and influencing capital flows into risk assets like Bitcoin and Ethereum. Traders should monitor these macroeconomic shifts, as improved consumer sentiment may drive renewed interest in the cryptocurrency market. (Source: Karoline Leavitt via Twitter, GasBuddy data) |