inflation

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 weeks 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,…

1 month 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

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,…

1 year 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…

1 year 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