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Bitcoin double top 'invalidated' amid fear CPI may fuel macro comedown
11.4.2023
Feelings over BTC price action diverge across short and long timeframes as the upcoming CPI and PPI prints unsettle the mood
Bitcoin price rallies to $29.4K as traders gear up for this week’s CPI print
10.4.2023
BTC’s rally to $29,400 comes as the all important CPI report releases on April 12 and traders debate whether the Federal Reserve will pivot
CPI to spark dollar 'massacre' — 5 things to know in Bitcoin this week
10.4.2023
Bitcoin seals its highest weekly close in ten months as CPI prepares to inject fresh volatility into BTC price and beyond
Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation
22.3.2023
The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to enter a new hyperinflation period, with the government...
Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s
17.3.2023
The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number is among the highest in the history of Argentina...
Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown
15.3.2023
BTC price attempts to break towards the week's highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls
4 signs the Bitcoin price rally could top out at $26K for now
15.3.2023
BTC price faces pullback risks thanks to bearish on-chain movements and formidable technical resistance levels
Bitcoin Price and Ethereum Prediction: Will US CPI and Retail Sales Data Influence Price Movement Today?
15.3.2023
The cryptocurrency market has been volatile in recent weeks, with Bitcoin and Ethereum experiencing significant price swings. Traders and investors are closely monitoring the impact of macroeconomic data on digital asset prices. Today, all eyes are on the US Consumer Price Index (CPI) and Retail...
Bitcoin Gains Early, Fades Late to Trade Below $25K
15.3.2023
BTC had surged to a 9-month high above $26,500 after the latest inflation data before retreating
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 sees new 2023 high as CPI sends BTC price above $26K
14.3.2023
Bitcoin sees a major new lift-off thanks to CPI numbers conforming to expectations — reducing the chances of the Fed tightening financial conditions
U.S. Inflation Slowed to 6% in February; Bitcoin Breaks $26K
14.3.2023
The bitcoin price (BTC) rose to a nine-month high of $25,484 in the minutes following the report and then extended those gains
Bitcoin price nears $25K as analysts place bets on CPI impact
14.3.2023
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown triggered by CPI
Bitcoin traders eye $19K BTC price bottom, warn of 'hot' February CPI
6.3.2023
It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
16.2.2023
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose...
First Mover Americas: Lido DAO’s Governance Token Jumps 17%
15.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum, and major altcoins gain after the US CPI
15.2.2023
Bitcoin, Ethereum, and many other cryptocurrencies rose on Wednesday after investors ignored the seemingly US regulatory crackdown and inflation data. Cardano posted the largest increase, but many other cryptocurrencies are still in a bearish phase compared to February’s weekly performance. ...
Bitcoin Price Prediction as US CPI Data is Released – Here's Where BTC is Headed Now
15.2.2023
Bitcoin, the world's largest cryptocurrency, halted its downward rally and climbed beyond the $22,000 mark. During New York trade, BTC rose by up to 3.2% to $22,323, after dipping earlier in the day. Meanwhile, Ethereum, the second most valuable cryptocurrency, has also risen back above the $1,500...
First Mover Asia: Bitcoin Holds Steady on CPI Data. Are Investors Undecided?
15.2.2023
ALSO: Unspent transaction output, individual units of bitcoin that are locked in transactions on the blockchain, are rising. Here's why the trend is significant. Bitcoin Ticks Upward
Bitcoin Rebounds Above $22K After Tepid Inflation Readings
14.2.2023
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%