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Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?
16.5.2024
Bitcoin surges 7.50% to $66,350 as US CPI data indicates cooling inflation, boosting hopes for a Federal Reserve rate cut.
The post Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start? appeared first on Cryptonews
Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
15.5.2024
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said
Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?
15.5.2024
The Bitcoin (BTC) price surged more than 5% back to the $65,000 level on Wednesday in wake of US CPI inflation data that showed moderating price pressures in April, supporting bets that the Fed will be able to ease interest rates a few times before the end of 2024.
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US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb
15.5.2024
The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial...
Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI
14.5.2024
Crypto markets are a see of red on Tuesday in wake of US PPI inflation data and comments from Fed Chair Jerome Powell, with investors struggling to pick which might be the best crypto to buy now.
The post Best Crypto to Buy Now May 14 – SLOTH, DOGEVERSE, WAI appeared first on Cryptonews
Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
13.5.2024
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
13.5.2024
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%
Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know
26.4.2024
The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in wake of latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations.
The post Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation...
Bitcoin Price Surprisingly Strong As Hot US Inflation Data Throws Fed Rate Cut Story Into Doubt – Where Next for BTC?
10.4.2024
The Bitcoin (BTC) price is surprisingly strong on Wednesday, having recovered back from session lows in the mid-$67,000s to the $69,000s, despite hotter-than-expected US inflation data throwing the US Federal Reserve’s rate cut story into doubt.
The post Bitcoin Price Surprisingly Strong As Hot...
Bitcoin Price Holds Above $70,000 Level Following Violent $4,500 Price Swing – Where Next for BTC?
13.3.2024
The Bitcoin (BTC) price saw wild trading conditions on Tuesday, briefly hitting new all-time highs above $73,000 shortly after the release of hotter-than-expected US inflation data, before suddenly dropping into the $68,000s.
The post Bitcoin Price Holds Above $70,000 Level Following Violent $4,500...
FOMC Likely to Keep Rates Unchanged in March After Hot Inflation Report
14.2.2024
Wall Street braced for a chilly reality as hotter-than-expected inflation data sent major indexes tumbling on Tuesday. The Labor Department report revealed US consumer prices surged in January, exceeding forecasts and fueled by rising shelter costs. This unexpected heatwave extinguished...
Bitcoin Price Pushes Towards $42,000 as US Core PCE Inflation Data Eases – How High Can BTC Go?
26.1.2024
The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023. US Core PCE Price Index figures showed YoY inflation falling to 2.9%, below the expected rate...
GBP/USD Forex Signal: Quick bounce before UK inflation data
20.12.2023
The GBP/USD pair is headed for a bullish bounce, with the value dancing around 1.27. One reason why there are sentiments about the pair being bullish is the upcoming inflation data by the UK department. The rate was seen at 3.9% in November. A better control would set the tone for the pair...
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
13.11.2023
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could...
Stocks fall, yields rise as inflation data comes in hotter than expected
12.10.2023
The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected
Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data
12.10.2023
ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates
Bitcoin Price Prediction as US Core Inflation Data is Announced – Is a Bullish Reversal Imminent?
12.10.2023
In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.
As recent US inflation data outstrips forecasts, the financial realm is abuzz with speculation and predictions.
Particularly in...
US stocks rise as traders wait for inflation data
12.10.2023
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th
Bitcoin hits 2-week low on US inflation data — When will BTC price bounce?
11.10.2023
BTC price downside follows renewed inflation fears amid a prediction that Bitcoin might only reverse upward in December
August PCE Inflation Data: Federal Reserve's Key Measure Dips, Easing Market Concerns
29.9.2023
According to data released today by the U.S. Burea of Economic Analysis (BEA), the Federal Reserve's preferred metric for inflation, known as the core personal-consumption expenditures (PCE) price index, showed a decrease in August.
The PCE report was released amid growing concerns about...