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Biggest Movers: SHIB, SOL Fall to 4-Month Lows, US Inflation Higher Than Expected
13.10.2022
Shiba inu fell to a four-month low on Thursday, as consumer prices in the United States rose by more than expected. U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus expectation. Solana was in the red as well, as the token also hit a multi-month low. Shiba...
BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
13.10.2022
Predictable but unsettling chaos hits crypto markets as U.S. inflation data sparks a rout to $18,200 for BTC
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
13.10.2022
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly...
Bitcoin Price Prediction – US Inflation Hits 40 Year High, Fuels Big Rate Hike Sentiment
13.10.2022
Most cryptocurrencies experienced a bloodbath during the US session, with a dramatic selling trend following the release of US CPI figures. Recalling our Asian session Bitcoin price prediction, Bitcoin has traded dramatically bearish, losing more than 3% to trade below $19,000....
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Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data
13.10.2022
Cryptocurrency-related stocks have sold-off across the board on Thursday as bitcoin falters to a three-week low of $18,131 on Coinbase
US Inflation Faster Than Expected in September; Bitcoin Falls
13.10.2022
The "core" Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high
Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 Following FOMC Minutes
13.10.2022
Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which inflation has risen. Ethereum moved below...
US CPI data signals high-price inflation
13.10.2022
The US markets are eyeing another hike in the rate by early November. If reports are to be believed, then the Fed has every intention of taking the shot in an attempt to lower inflation. S&P500 and Nasdaq 100 closed their doors on a lower note before receiving an 18-month low figure. According...
Bitcoin price threatens $19K support ahead of 'most hyped' CPI print
13.10.2022
Nerves are showing on the market after several days of Bitcoin "stuck" in a tiny trading range
Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading
12.10.2022
Thursday’s Consumer Price Index is widely expected to show inflation still above 8%. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data
12.10.2022
BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data
How Bitcoin and Crypto Prices Will React to FOMC Minutes, CPI Inflation – is the Market Bottom Near?
12.10.2022
Bitcoin, and crypto prices more generally, have been treading water this week, but that could change from today as producer price index (PPI) inflation data and FOMC minutes are released.
First up to disturb the market from its slumber is the US PPI data, a measure of inflation at the factory...
Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
12.10.2022
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Higher Ahead of US Inflation Report
12.10.2022
Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose...
Bitcoin Recovers $19K Though Inflation Fears Haunt Market
11.10.2022
The largest cryptocurrency's price had slipped earlier Tuesday to its lowest in almost two weeks, but the market recovered as U.S. stocks rebounded
Looming US CPI Report Has Bitcoin Investors Seeking Protection in Case Inflation Tops Expectations
11.10.2022
Investors seem worried about the possibility of the impending CPI injecting renewed downside volatility in bitcoin and are preparing for the same
$25K or $15K BTC — CPI and US inflation data coming out on Thursday: Watch The Market Report
11.10.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300
11.10.2022
Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week high. The decline comes ahead of this week’s U.S. inflation report, which is expected to show consumer prices falling by 0.2% month-on-month. Bitcoin was also in the red during...
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed
11.10.2022
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that...
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’
10.10.2022
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute...