Tag: inflation

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Bitcoin, Altcoins Turn Bearish As Inflation Worries Pressure Markets

Key points:Bitcoin has pulled back to the $76,000 level, a crucial near-term support level to watch.Several major altcoins have broken below their near-term support...

What Does The Rising US Inflation Mean for Bitcoin?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Investors and traders are paying closer attention to Bitcoin (BTC) after the...

Bitcoin tumbles below $79,000 as rising bond yields, inflation worries rattle markets

Stocks, gold and crypto slide while crude oil tops $100 and traders rapidly reprice Fed expectations for rate hikes.

Hotter-than-expected inflation data knocks BTC below $80,000

U.S. producer prices for April came in far hotter than expected on Wednesday, complicating the Federal Reserve's path forward to ease monetary policy later...

Bitcoin briefly falls below $80,000, as stocks tumble, yields rise on ugly inflation print

Core consumer prices — which would have stripped out what everyone already knew were surging energy costs — rose 0.4% in April, double March's...

Can Bitcoin Bulls Shake Off a New US CPI Inflation Spike?

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key...

Hot inflation data pours cold water on Federal Reserve rate cut hopes

U.S. inflation data came in hotter than expected on Wednesday, reinforcing expectations that the Federal Reserve will keep interest rates steady at 350-375bps not...

Bitcoin rally stalls ahead of U.S. inflation report as XRP, SOL prices hit resistance: Crypto Daily

This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.Bitcoin’s BTC$80,621.04 rally stalled in the $80,000–$82,000 range, where it...

Bitcoin (BTC) used to hate inflation. Now it might be the opposite

Bitcoin BTC$80,914.99 continues to rally, defying the typical inflation playbook. It's raising the question of whether the cryptocurrency has quietly crossed over from risk...

Bitcoin Long-to-Short Ratio Shows Pro Traders Cautious Over Fed, Inflation

Key takeaways:Negative Bitcoin funding rates indicate bearishness, yet whales maintain steady long-to-short ratios at major exchanges.Inflation concerns and tech corporate earnings remain the biggest...

BTC is the best ‘inflation hedge’, better than gold, Paul Tudor Jones says

Billionaire investor Paul Tudor Jones said bitcoin BTC$76,882.32 stands out as the strongest hedge against inflation, citing its fixed supply as a key advantage...