News Snapshot:
By Samuel Indyk & Robert Zach Investing.com — Two of the largest cryptocurrency markets, Ethereum and Bitcoin, both reached record levels on Tuesday due to global inflation worries and the continued era cheap money continuing to support prices. The Fed’s decision last week to taper asset purchases but signal no imminent rate rises appeared to be the latest catalyst for a move higher. “The recent surge in the crypto asset partly seems to have been caused by investors piling in, seeing it as a hedge against inflation,” said Hargreaves Lansdown Senior Investment and Markets Analyst Susannah Streeter in an emailed...