CPI

Bitcoin Surges Above $64,000 as Cooling U.S. Inflation Boosts Fed Rate Cut Expectations

Bitcoin climbed above $64,000 after a softer-than-expected U.S. Consumer Price Index (CPI) report eased fears that the Federal Reserve would continue raising interest rates. The cooling inflation…

3 weeks ago

U.S. Inflation Jumps to 4.2% as Crypto Markets Rebound Despite End of Disinflation Trend

The latest U.S. Consumer Price Index (CPI) report delivered a mixed signal to investors, showing inflation rising to 4.2% year-over-year in May, the…

2 months ago

Crypto Rally Doesn’t Hold After Soft Inflation Data

The crypto sector was mostly flat for the day, as a short rally following better than hoped U.S. inflation data…

1 year ago