CPI
Bitcoin Up as Inflation Cools More Than Expected in November
The U.S. consumer price index (CPI) rose 0.1% in November, slowing more than expected from October’s 0.4% pace, in a sign of progress in the Federal Reserve's campaign to bring down soaring inflation. Bitcoin climbed higher near $18,000 after the news. Defiance ETFs CEO Sylvia Jablonski shares her crypto markets analysis and outlook.
Bitcoin Hovers Around $17K Ahead of Inflation Data, Fed Meeting
Bitcoin trading steady over $17,000 with the latest U.S. Consumer Price Index (CPI) report to be released Tuesday and the U.S. Federal Reserve's interest rate decision Wednesday. Bitcoin's implied volatility has also declined in recent weeks, Fundstrat noted. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Outlook Ahead of Next Week’s Midterm Elections
CoinDesk Markets Managing Editor Brad Keoun and Research Analyst George Kaloudis discuss their outlook for bitcoin ahead of next week's U.S. CPI inflation report and midterm elections.
Bitcoin Is Not a Pure CPI Hedge: Strategist
Bitcoin (BTC) is both an inflation hedge and a risk asset that follows stocks, says Martin Leinweber, MarketVector Indexes digital asset product strategist. But, "what bitcoin is not, is a pure CPI hedge," he adds. Plus, he discusses why bond market trends are important for crypto.
Bitcoin Clinging to $19K After Short Squeeze Triggered by Hot Inflation Data
CoinDesk Markets Managing Editor Brad Keoun discusses the hotter-than-expected U.S. Consumer Price Index (CPI) data for September and what this means for the crypto markets. Plus, CoinDesk Tech Managing Editor Christie Harkin discusses the key takeaways from the Bitcoin Amsterdam 2022 conference.
Bitcoin in Turmoil Following Hot Inflation Data
Thursday's CPI report indicates U.S. inflation rose to a 40-year high in September amid the Fed's consecutive interest rate hikes. The hot inflation data left bitcoin (BTC) in turbulence. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Remains Flat Around $19K Ahead of Key Inflation Data
TradeZing Market Advisor Mike Tedeschi discusses his bitcoin outlook as the cryptocurrency continues to trade sideways following the Fed's latest meeting minutes and ahead of September's Consumer Price Index (CPI) report to be released Thursday.
Bitcoin Slips as Macro Clouds Loom Over Market
Bitwise Asset Management President Teddy Fusaro discusses his crypto markets analysis and outlook as investors await the latest consumer price index (CPI) data and the minutes of the Federal Reserve’s last meeting out this week. Plus, insights into launching the Bitwise Web3 ETF and institutional activity.
Bitcoin Outlook Ahead of CPI Inflation Report
CoinDesk Markets Managing Editor Brad Keoun discusses key support and resistance levels to watch for bitcoin (BTC) ahead of next Thursday's CPI report. Plus, CoinDesk Tech Managing Editor Christie Harkin on the outlook for the mining industry as the difficulty of mining a bitcoin (BTC) block is set to see another large increase early next week, weighing further on profit margins.
This Digital Asset Sector Was Most Effected by the Latest Inflation Numbers
Following the latest CPI announcement, the smart contract platform sector lost about 22% while the culture and entertainment sector “held up a bit better” losing 7%, CoinDesk Indices Managing Director Jodie Gunzberg tells “First Mover.”
