Inflation

Live markets: Bitcoin dips below $80,000 as producer price inflation surges to 6%
U.S. PPI surged well above forecasts in April, reviving concerns that rising oil prices and Iran-related supply risks may feed another inflation wave.

eBay rejects GameStop's $56B bid
eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Hot inflation data pours cold water on Federal Reserve rate cut hopes
Bitcoin was trading at $80,814 following the news, down 1.2% over the past 24 hours.

Iran war oil-price shock revives inflation trade and a new stablecoin play
As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that.

Bitcoin gains after core CPI rose a less-than-forecast 0.2% in March.
Headline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war.

Bitcoin supply approaching 20 million: The final million will take another 114 years to mine
Out of a fixed maximum supply of 21 million coins, more than 95% of all bitcoin that will ever exist is now in circulation.

Bitcoin claws back to $70,000 on cooling inflation after $8.7 billion wipeout
Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.

New research projects U.S. inflation resurgence, challenging bitcoin bulls' disinflation bets
Inflation in the United States could climb above 4% this year, according to a new analysis by Adam Posen of the Peterson Institute and Peter R. Orszag of Lazard.

Bitcoin spikes to $92,500 as U.S. December consumer prices rise 0.3%
The U.S. Consumer Price Index came in roughly in line with expectations as market participants largely expects the Fed to leave interest rates unchanged at the January meeting.

U.S. inflation data surprises, with CPI higher by just 2.7% in November
Bitcoin rose above $88,000 on the pleasing news as forecasts had been for inflation to continue to run above 3%.

