Crypto markets surging as inflation reaches a 30-year peak.

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On Wednesday, cryptocurrency markets reached new highs as investors continued to pour money into Bitcoin (BTC) and other altcoins in the face of rising US inflation.

According to Coingecko, the cryptocurrency market capitalization — a key indicator of the health of the digital asset class — has reached a high of $3.11 trillion.

Over the past two weeks, the asset class has increased by a total of 20%.

Story by : Norvisi Mawunyegah