Bitcoin barrels to best month since 2020, Wall Street points up after PCE

World stocks were near record highs on Thursday amid a monthly round of European and U.S. inflation data, while cryptomarkets were roaring bitcoin on to its best month in over three years.

Wall Street was pointing higher as key inflation data offered little surprise while Europe bourses were set for their fourth monthly rise and one that has seen both the region and big worldwide indexes set all-time peaks for the first time since the start of 2022.

It was just after that the U.S. Federal Reserve started hinting at higher interest rates and Russia invaded Ukraine, compounding a global spike in inflation that is only now easing.