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Bitcoin, Ethereum Technical Analysis: ETH Moves to 2-Month High Above $1,900
11.8.2022
Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green,...
Biden Slammed for Claiming US Economy Had 0% Inflation in July — One Lawmaker Calls It ‘Sad and Dangerous’
11.8.2022
President Joe Biden stated Wednesday that the U.S. economy had zero percent inflation in July following the latest CPI report. “Biden is claiming that we saw zero percent inflation last month. But there’s a zero percent chance that’s the case. Inflation in July was 8.5%, which...
Market Wrap: US Inflation Slows, Crypto Markets Accelerate
10.8.2022
BTC jumps sharply on CPI news before moderating
July’s CPI Report Shows US Inflation Cooling — Critics Say ‘US Government’s Formula Understates the Actual Rise in Prices’
10.8.2022
After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come in lower with a year-over-year increase of 8.5%. Economists polled by media publications...
$29K Bitcoin is closer than you might expect, according to derivatives data
10.8.2022
Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies
Biggest Movers: AVAX Nears Highest Level Since May, ETC Moves Towards $40
10.8.2022
Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer...
Bitcoin price sees $24K, Ethereum hits 2-month high as US inflation shrinks
10.8.2022
Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price
Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Inflation Falls to 8.5%
10.8.2022
Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at 8.5% in July, the token surged back above this point. Bitcoin was trading lower, as it continued to hover below $24,000....
U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps
10.8.2022
Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure of the Federal Reserve to continue to hike aggressively at the September meeting
US Inflation Slows Down in July, Bitcoin and Ethereum Jump
10.8.2022
July’s US consumer price index (CPI) has seen a rise of 8.5%, or smaller than expected, suggesting an inflation peak and potential cool-off, after hitting 9.1% in June. (This is a developing story and will be updated as new details emerge.)
Bloomberg-surveyed economists estimated that inflation...
Bitcoin braces for US inflation data as CPI nerves halt BTC price gains
10.8.2022
Another surprise inflation increase could make things "ugly" for crypto markets, one trader warns, with hours left before the CPI release
Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report
9.8.2022
Global markets are awaiting the data release scheduled for Wednesday. |
Bitcoin drops to support as looming CPI print shakes up crypto and stock markets
9.8.2022
Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support
Inflation Probably Slowed in July CPI Report, But Not Enough to Trigger Crypto Bull Run
9.8.2022
"The bottom line is that we still see upside risks to inflation and policy pricing over the next few months," said economists for the Wall Street firm Goldman Sachs. Fed rate hikes have roiled crypto markets this year
Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’
9.8.2022
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel...
Americans See Inflation Plunging Next Year, New York Fed Survey Finds
8.8.2022
Respondents to the New York Federal Reserve survey expect inflation to run at 6.2% in 2023, which is down from last month’s survey
Fed reverse repo reaches $2.3T, but what does it mean for crypto investors?
8.8.2022
Investors avoid risk assets during a crisis, but excessive cash sitting in financial institutions could also be good for the cryptocurrencies
Bitcoin price targets 8-week highs as Ethereum reaches $1.8K
8.8.2022
Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week
Has US inflation peaked? 5 things to know in Bitcoin this week
8.8.2022
The latest U.S. inflation data is poised for release this week as Bitcoin price action spikes higher after a promising weekly close
Tesla CEO Elon Musk Says Inflation Has Peaked — But We’ll Have a Recession for 18 Months
8.8.2022
Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire explained, noting that “inflation is going to drop...