Tag: inflation

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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...

BTC price’s bullish momentum runs into Pentagon-backed inflation warning

Just as bitcoin BTC$77,747.92 appeared to have built momentum for a breakout above $80,000, macro uncertainty reemerged as a headwind.The most notable development came...

US PPI Inflation Relief Sends Bitcoin Price To $76,000

Bitcoin (BTC) reached monthly highs above $76,000 on Tuesday as US inflation data continued to buoy risk assets.Key points:Bitcoin upside continues as bulls target...

Iran war oil shock revives inflation trade and a new stablecoin play

As the war with Iran and the closure of the Strait of Hormuz send oil prices higher, inflation is once again at the forefront...