Bitcoin News
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin
The consumer price index surged to 6.8% in November, but traders may hold off on investing in risky assets the rest of the year.
Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?
Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.
Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms
The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range.
US Inflation Jumps to 39-Year High of 6.8% in November; Bitcoin Falls
Prices for bitcoin, seen by a growing number of investors as a hedge against inflation, jumped 2% after the CPI report from the U.S. Department of Labor’s Bureau of Labor Statistics.
Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years
The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982. Bitcoin jumped 2% in the minutes after the news. "The Hash" panel explains the impact of inflation on the global economy and what it means for the crypto market.
VanEck Exec.: ‘2021 Was the Year of Smart Contracts’
Bitcoin is climbing back up after suffering a steep sell-off Thursday. VanEck Head of Digital Assets Matthew Sigel shares insights into the bitcoin price movement and gives his bitcoin price outlook for the end of the year.
Bitcoin Dominance Approaching Lowest Level Since June 2018
New data reveals bitcoin’s dominance is nearing a record low to levels not reached since June 2018. Meanwhile, ether’s dominance continues to climb higher. What are the potential factors explaining ETH’s upward trajectory? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
