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Bitcoin Whipsaws After Consumer Inflation Comes in Slightly Hot


The Bureau of Labor Statistics published August’s Consumer Price Index (CPI) data just a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Latest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) announced...

Bullish’s Dazzling Debut Bolsters Red-Hot Year for Crypto-Linked IPOs


U.S. stock exchanges have been welcoming a steady stream of publicly traded companies ever since names like Canaan and Coinbase stepped onto the Wall Street scene a few years ago. This week, Bullish made its Wall Street debut with an initial public offering (IPO) that’s already delivered a 101.7%...

Bitcoin Volatility Strikes as Hot PPI Data Spurs Dollar Rally


Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month...

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