CPI
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.
Bitcoin Has Already Risen 14% In 2023
Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."
Bitcoin Above $18K Following US December Inflation Report
Bitcoin (BTC) saw a dip in price but remains above $18,000 following the news that annualized inflation slowed to 6.5% in December from 7.1% previously. "The Hash" panel discusses the 0.1% slip in consumer price index (CPI) and the impact of macroeconomics on the crypto industry.
Bitcoin Breaks Above $18K for the First Time Since Mid-December
Bitcoin (BTC) breaks above $18,000 for the first time since mid-December. Eaglebrook Advisors Vice President of Research Joe Orsini discusses bitcoin's recent rally and the consumer price index (CPI) slipping 0.1% in the past month. Plus, his outlook on the largest cryptocurrency by market capitalization by the end of the year.
Crypto Brokerage Blockchain.com Lays off 28% of Workforce
Cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce, or about 110 employees. "First Mover" hosts discuss the recent layoffs across the battered cryptocurrency industry and Binance's potential hiring spree in 2023. Plus, the latest on the CPI data.
Bitcoin Dips With Stocks After US Report of 6.5% CPI Inflation
Annualized inflation slowed to 6.5% in December from 7.1% previously, in line with economist forecasts.
First Mover Americas: Crypto Markets Primed for Soft CPI
The latest price moves in crypto markets in context for Jan. 12, 2023.
Ether Hits 2-Month High Ahead of US CPI, Market Breadth Remains Weak
Ether rose to above $1,400, topping its 200-day moving average for the first time since Nov. 5.
Examining Bitcoin's Correlation With Inflation
Bitcoin closely tracks inflation expectations and appears to be negatively correlated to core CPI, real estate prices and M2 money-supply changes. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Above $17K as US CPI Report Shows Slower-Than-Expected November Inflation
Verified Investing Crypto Chief Market Strategist Gareth Soloway discusses his outlook for the crypto markets as bitcoin (BTC) jumped above $17,000 after the U.S. consumer price index (CPI) report revealed inflation slowed more than expected. Plus, the impact of Sam Bankman-Fried's arrest and the continued fallout of FTX.
