Inflation

Inflation

Markets

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.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

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.

Wooden block tiles spell out the word "inflation." (Markus Winkler/Unsplash)

Markets

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.

Head of a vacuum clearner sucking up dollar bills.

Markets

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%.

Poor inflation data hits markets (Getty Images)

Markets

Bitcoin is all over the place ahead of U.S. inflation data

U.S. inflation data for November, expected to show a 3.1% increase in CPI, could influence Federal Reserve interest rate decisions.

Trampoline, Bitcoin continues to trade in a range. (Shutterstock)

Policy

Most Influential: Jerome Powell

Powell’s decisions as Fed chair have continued to have a massive impact on bitcoin and the wider cryptocurrency markets.

Jerome Powell Fed Chair

Markets

Bitcoin Shines as a 'Liquidity Barometer,' Not an Inflation Hedge, NYDIG Says

Gold, traditionally seen as an inflation hedge, also shows inconsistent and often negative correlations with inflation, the data shows.

Bitcoin symbol alongside a rising chart.

Markets

Bitcoin Climbs as Economy Cracks — Is it Bullish or Bearish?

CPI surprises to the upside while cracks widen in U.S. labor market; bitcoin climbs as the dollar weakens and bond yields fall.

Bitcoin Logo

Markets

Rising Jobless Claims Eclipse Inflation Data as Recession Fears Resurface

Initial jobless claims surged to 263,000 last week — the highest in 4 years — signaling weakening growth and bringing stagflation fears to the forefront.

(Chris Hondros/Newsmakers via Getty Images)

Markets

U.S. CPI Rose a Faster-Than-Expected 0.4% in August; Core Rate in Line

The headline news is sending markets, bitcoin included, lower, but isn't likely to derail the Fed from trimming interest rates next week.

Two paper carrier bags of fresh fruit and baked products. (Maria Lin Kim/Unsplash)