Tag: inflation

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Ethereum

Fed rate hike is about Wall Street, not inflation, says economist

Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week.
Ethereum

Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation

Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a September...
Ethereum

Bitcoin (BTC) price steady as U.S. inflation data looms, Harmony exploit rattles altcoins

Crypto markets were steady on Wednesday as traders absorbed a protocol exploit while waiting for a U.S. inflation report that often sets the tone...
Ethereum

BTC stuck at $63,000 as ETF inflows offset selling; CPI inflation looms

Bitcoin BTC$63,626.30 barely budged on Tuesday, extending a five-week standstill as steady demand from exchange-traded funds ran into selling from miners and corporate holders.BTC...
Ethereum

Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive

Bitcoin hovered near $64,830 on Thursday, up 0.8% over 24 hours and 1.3% on the week, while trading inside a narrow band, CoinDesk data...
Markets

Bitcoin Price Surges Over $65,500 On Soft Inflation Data

The Bitcoin price jumped over $65,500 on Wednesday after US inflation data showed that producer prices fell in June.  Data from the...
Markets

Bitcoin Gets Second Inflation Boost as US PPI Sparks Three-Week Highs

Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day.Key points:Bitcoin sees copycat bullish price action as...
DeFi

Bitcoin, ether hold steady after rising on U.S. inflation report: Crypto Markets Today

Bitcoin BTC$64,650.29 and ether (ETH) consolidated during Asian and European hours after rallying on Tuesday following a weaker-than-forecast U.S. inflation figure.Bitcoin, while more than...
DeFi

BTC, XRP, ETH slip ahead of inflation report and Warsh testimony

West Texas Intermediate crude futures have surged to nearly $80 a barrel from $67 at the start of the month, stoking fresh concerns about...
DeFi

BTC inflation quagmire gets sticker as renewed Iran conflict sends oil price soaring: Crypto Daily

Will the Fed focus on the breakevens, which are already at or below 2% at the short end, or on rising consumer concerns? The...
Markets

Bitcoin gets bullish signals from inflation breakevens

"That’s when the deflationary impulse from falling oil prices should remind everyone that the Fed isn’t going to hike and that - if anything...
Ethereum

Bitcoin zooms above $61,000 as inflation fears soften

Bitcoin climbed above $61,000 on Thursday, up about 4.1% over 24 hours, per CoinDesk data, its firmest footing so far this week after a...
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