Tag: CPI

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Bitcoin Gains 4% As Soft US CPI Boosts March Rate-Cut Odds

Bitcoin (BTC) gained at Friday’s Wall Street open as a fresh US inflation surprise boosted the mood.Key points:Bitcoin price action heads toward key resistance...

Alternative Inflation Data Shows Sharp Cooling in US CPI

Alternative inflation data is pointing to a sharp cooling in US prices, reinforcing the case for interest rate cuts and carrying broader implications for...

Bitcoin Price Gains 1.5% as Risk Assets Celebrate US CPI Print

Bitcoin (BTC) eyed one-week highs at Tuesday’s Wall Street open as markets surged on low US inflation data.Key points:Bitcoin approaches $93,000 and a “huge”...

Bitcoin Price Jumps Above $92,500 As CPI Meets Forecasts

The bitcoin price briefly climbed above $92,500 today after U.S. inflation data came in line with expectations as markets assessed the Federal...