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Bitcoin Traders Should Watch Wider Inflation Metrics And Not Just CPI
10.8.2023
Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risk assets, including bitcoin
First Mover Americas: Bitcoin Flirts With $30K as Traders Await CPI
9.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Argentine Peso Plunges to Historic Lows as Uncertainty Rules Before Elections
8.8.2023
The exchange rate of the Argentine peso reached historic lows Monday in a decline that took its exchange rate to almost 600 pesos per U.S. dollar. Economists state that the uncertainty of the upcoming elections caused key bagholders to hedge their portfolios with foreign currency. However, analysts...
CPI report may show uptick in US inflation — How will Bitcoin price react?
8.8.2023
Bitcoin price remains range bound as equities, gold and US Treasuries offer competitive rates with reduced risk. This week’s CPI report could shake things up
CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst
7.8.2023
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024
BTC price meets CPI as volatility 'collapses' — 5 things to know in Bitcoin this week
7.8.2023
Bitcoin is frustratingly calm and volatility is near historic lows — what could provide BTC price action with fresh fuel to discover a trend this week?
Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage
13.7.2023
Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry
Bitcoin Options Traders Shrug Off Post-CPI Choppy Price Action
13.7.2023
The mood in the options market remains positive even as the cryptocurrency struggles to build upside momentum on the back of a bullish U.S. inflation report
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K
12.7.2023
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher
Biggest Movers: BCH 6% Higher, as US Inflation Falls by More Than Expected
12.7.2023
Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a third straight day. Bitcoin Cash (BCH) Bitcoin cash...
U.S. CPI Falls to 3% in June, Core Rate Drops to 4.8%; Both Better Than Expected
12.7.2023
Economists had forecast sizable year-over-year declines in both headline in and core inflation for this report
Bitcoin, Ethereum Technical Analysis: Bitcoin Pushes Towards $31,000 as US Inflation Is Expected to Fall
12.7.2023
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed in on the $1,900 mark. Bitcoin Bitcoin (BTC)...
Bitcoin trader eyes BTC price 'Darth Maul candle' as CPI due 2-year low
12.7.2023
Bitcoin is tipped to see classic volatility in BTC price around the CPI release, while liquidity remains tightly wrapped around spot
Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI
12.7.2023
Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January
Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI
12.7.2023
Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January
Bitcoin Price Prediction: BTC Up 1.5% as Market Focus Shifts to June CPI and PPI Readings
11.7.2023
Bitcoin price is trading at $30,492 in today's market, marking an over 1% rise on Tuesday.
The cryptocurrency market continues to draw attention as Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), faces criticism from a Ripple attorney, who refers to him as a "bad faith...
Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight
11.7.2023
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month
CPI meets low BTC supply — 5 things to know in Bitcoin this week
10.7.2023
Bitcoin is proving that everything is bullish but BTC price action this week, with network fundamentals and accumulation data in "up only" mode
Bitcoin stays flat at $26K after PPL data as markets await Fed's Powell
14.6.2023
BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments