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Bitcoin could be worth less than $20K in 2023, US inflation data says
25.8.2023
Bitcoin, taking inflation into account, has in fact been a solid store of value since 2017, commentators conclude
Bitcoin Price Prediction as Core Inflation Data is Announced – Can BTC Blast Past $30,000?
10.8.2023
The Bitcoin (BTC) price is little moved in the mid-$29,000s in wake of the latest core US inflation data that has reaffirmed that price pressures continue to ease in the US economy.
The Core Consumer Price Index (CPI) rose 0.2% MoM in July, in line with expected and unchanged from June, while...
First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
13.7.2023
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities
Bitcoin Price Prediction as US Core Inflation Data is Released – Time to Buy?
12.7.2023
The price of Bitcoin is steady at around $30,600, reflecting a nearly 0.50% increase on Wednesday.
The consumer price index saw a 0.2% rise in June, marking a 3% increase from a year ago, the lowest level since March 2021.
With the release of US core inflation data, investors are evaluating...
First Mover Americas: Bitcoin Continues in Holding Pattern Ahead of June U.S. Inflation Data
12.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Price Prediction: BTC Holds Steady at $30,500 as Market Anticipates June Inflation Data Release
12.7.2023
The price of Bitcoin is currently trading at $30,628, reflecting a nearly 0.50% increase on Wednesday.
As the market awaits the release of June inflation data, the cryptocurrency market remains on "standby" to assess the potential impact on Bitcoin's performance.
Notably, five Bitcoin ETFs have...
First Mover Asia: Crypto Market Is on ‘Standby’ as Release of June Inflation Data Nears
12.7.2023
PLUS: A Freely Convertible Yuan is a Requirement for a CNY Stablecoin
Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data
30.6.2023
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
11.5.2023
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000. Bitcoin Bitcoin (BTC)...
Bitcoin Hovers Near $29.3K After Binance Sell Order, UK Inflation Data
19.4.2023
BTC fell as low as $29,045 earlier Wednesday. ETH dropped below $2,000 for the first time in almost a week
First Mover Asia: Major Cryptos Remain Unstirred by Inflation Data, Ethereum Shanghai Fork
13.4.2023
ALSO: CoinDesk crypto markets analyst Glenn Williams writes that bitcoin whales recent moves may offer clues about BTC's path forward
Bitcoin Price Prediction as US Core Inflation Data is Released – Bear Market Over?
12.4.2023
The cryptocurrency market has been factoring in the recently released US CPI figures, which have underperformed expectations. Many speculate on how this crucial economic indicator will impact Bitcoin's price trajectory.
In this article, we will delve into the potential implications of...
Biggest Movers: SOL Hits 6-Week High, Following US Inflation Data
12.4.2023
Solana moved to a six-week high on Wednesday, as markets reacted to the latest inflation figures from the United States. The consumer price index (CPI) fell to 5% in March, lower than the 5.2% sum many had expected. Ethereum classic also moved higher, nearing a multi-week high. Solana (SOL) Solana...
First Mover Asia: Bitcoin Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate Hikes
15.3.2023
ALSO: Two prominent crypto executives say the industry must learn from the failings of Signature, Silicon Valley and Silvergate banks if it hopes to develop productive banking relationships. Ether and other cryptos also rise
Bitcoin Price Prediction as US Inflation Data is Released – Where is BTC Heading Now?
14.3.2023
As US inflation data is released, Bitcoin investors and traders eagerly await its impact on the cryptocurrency's price. Since last Friday, Bitcoin has been on a remarkable run, rebounding nearly 30% from its recent lows and setting a new 2023 record above $26,000. The cryptocurrency surge comes...
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision
14.3.2023
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion...
Bitcoin Price Dips On Hot US Inflation Data, But BTC Bulls Can Take Solace in These Bullish Options Market Signals
24.2.2023
Bitcoin was last trading lower by over 3.0% on Friday in the low $23,000s, with BTC/USD falling back under its 21DMA for the first time in nearly two weeks in wake of a hotter-than-expected US Core PCE inflation report that raises the risk the US Federal Reserve lifts interest rates to higher...
Explaining the Disconnect Between Bitcoin and Treasury Yields Post US Inflation Data
15.2.2023
Bitcoin and technology stocks rose Tuesday even as hotter-than-expected U.S. inflation revived Fed angst and lifted Treasury yields
Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
13.2.2023
The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500
Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data
14.12.2022
With the former FTX CEO's arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said