Inflation


Markets

Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure

BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.

Cryptos reverse course

Videos

Inflation Reaches 40-Year High of 7.9%, Can Bitcoin Help Consumers?

"The Hash" discusses what U.S. inflation rates at 7.9%, a level not seen in over 40 years, means for consumers in their necessary expenses and if bitcoin presents a solution to these concerns. Plus, a conversation on other assets like gold as an inflation hedge and rising oil prices following the Russia-Ukraine war. 

Recent Videos

Videos

US Inflation Hits New 40-Year High at 7.9%, What That Means for Crypto

3iQ Digital Assets President Chris Matta shares his update on the current state of the crypto markets as inflation rates reach 7.9%, a level not seen since the 1980s. Plus, a conversation on institutional investors like Goldman Sachs looking for ways to engage with cryptocurrency and venture capital interest in Web 3 initiatives.

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Markets

US Inflation Rises to 7.9% in February, Fresh 4-Decade High

Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations.

Inflation worries are front and center from cryptocurrencies to traditional markets. (Art Institute of Chicago, modified by CoinDesk)

Markets

Bitcoin Reverses Wednesday's Gain Ahead of ECB Rate Decision, US Inflation

Markets have scaled back bets of ECB tightening in the wake of the Russia-Ukraine war.

Bitcoin drops to $39,000, reversing Wednesday's spike. (CoinDesk, Highcharts.com)

Markets

Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked

The consumer price index, due out tomorrow morning, is expected to show inflation in February ticked up to 8% versus a year ago, a fresh four-decade high.

Inflation will be in focus this week. (Jeffrey Coolidge/Getty Images)

Policy

Credit Suisse Strategist Says We're Witnessing Birth of a New World Monetary Order

"Money" will never be the same again after the Ukraine war, writes Zoltan Pozsar, and bitcoin may be a beneficiary.

Coin depicting Julius Ceasar, 42 BCE (Art Institute of Chicago, modified by CoinDesk)

Markets

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)