inflation

U.S. Government Puts GDP and Inflation Data Onchain With Chainlink

Official U.S. economic data is moving directly onto public blockchains. The U.S. Department of Commerce is using Chainlink to distribute…

2 weeks ago

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…

2 months 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…

3 months ago

Bitcoin Drops Below $80K After Inflation Data Surges to 6%

Bitcoin briefly fell below the critical $80,000 level on May 13 after new U.S. inflation data came in significantly hotter than expected,…

4 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…

2 years ago

Bitcoin Rebounds to $97,500 After Post-Inflation Drop

After slumping to just above $94,000 earlier Wednesday following far stronger than expected U.S. inflation data, bitcoin (BTC) has reversed higher,…

2 years ago

Bitcoin Surges Above $100K as Inflation Fears Fade Ahead of Trump’s Inauguration

The price of Bitcoin topped $100,000 Wednesday, surpassing the psychological mark for the second time since the Federal Reserve’s hawkish outlook…

2 years ago

Positive CPI Data May Boost Bitcoin’s Price Coupled With the ‘Uptober’ Narrative, Experts Say

Traders are bracing for U.S. Consumer Price Index data this week, with a positive print likely influencing Bitcoin’s next price…

2 years ago

The Federal Reserve Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Selloff

The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the…

2 years ago