CPI
Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'
Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts. The Wall Street Journal reports the founders of failed hedge fund Three Arrows Capital are launching a $25 million crypto exchange venture at the end of the month. And, the Senate Banking Committee hosted a hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."
Bitcoin Rebounds Above $22K After Tepid Inflation Readings
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.
Crypto Markets React to Latest US Inflation Report
Bitcoin (BTC) is trading mostly sideways after falling briefly following the Consumer Price Index (CPI), showing a higher than expected annual inflation of 6.4% in January. MarketVector Indexes Digital Asset Product Strategist Martin Leinweber shares his analysis on the crypto markets.
Bitcoin Trades Sideways After Inflation Comes in Slightly Hot
Bitcoin (BTC) is trading mostly flat after the Consumer Price Index (CPI) rose 0.5 percent in January on a seasonally adjusted basis. On a year-over-year basis, however, inflation was running somewhat hotter than expected, coming in at a 6.4% pace in January versus 6.5% in December and against predictions for 6.2%. MarketVector Indexes Digital Asset Product Strategist Martin Leinweber shares his analysis.
Bitcoin Dips After US Inflation Comes in Slightly Hot
The report suggests the Fed will need to continue tightening monetary policy.
First Mover Americas: Bitcoin Posts Slight Gains Ahead of US CPI Data
The latest price moves in crypto markets in context for Feb. 14, 2023.
Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500.
Bitcoin Below $22K Ahead of CPI Report
TheoTrade co-founder Don Kaufman joins "All About Bitcoin" to discusses whether bitcoin (BTC) has hit bottom and how the largest token by market capitalization will react to Tuesday's consumer price index (CPI) data. Plus, what a strong dollar could mean for risk assets and his outlook on a potential capitulation event.
Investors Eye January's CPI Report
Tastycrypto Head of Digital Assets Ryan Grace shares his crypto markets analysis ahead of the release of January's Consumer Price Index (CPI) report Tuesday, coming out of what he calls a "bear market rally" in January.
