Bitcoin

Rising input costs forcing small businesses to automate signal that inflation is not transitory but entrenched in the real economy. This reinforces the narrative that fiat purchasing power is eroding, which structurally supports Bitcoin as a hard asset. However, in the short term, sticky inflation keeps real yields high and speculative capital scarce, weighing on crypto.

Fish and chip shop owner Rhys McLoughlin announces installation of self-service tills due to customer complaints about rising prices.