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Why Did Crypto Surge After Bad Inflation News?

Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.

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Markten

Bitcoin: es poco probable que registre una recuperación notable tras el short squeeze del jueves

Los rendimientos del Tesoro de Estados Unidos continúan siendo elevados luego de la publicación de los datos del CPI, algo que ofrecería una prueba de realidad para los activos de riesgo, incluyendo las criptomonedas.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markten

First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%

The latest price moves in crypto markets in context for Oct. 14, 2022.

Bitcoin rallied to $19,600 a day after U.S. inflation data was released. (Getty Images)

Markten

Bitcoin Unlikely to See Notable Recovery After Thursday's Short Squeeze: Traders

Treasury yields remain elevated after the U.S. CPI, offering a reality check to risky assets, including cryptocurrencies.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markten

Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down.

BTC reverses course after an early decline. (Michele Tantussi/Getty Images)

Markten

Bitcoin Rebounds to Over $19K After Plunge Triggered by Hot Inflation Report

BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21.

Bitcoin's price chart shows the cryptocurrency's rebound midday on Thursday. (CoinDesk)

Markten

Las acciones cripto se desploman y bitcoin cae a US$18.100 tras la publicación de la inflación

Coinbase perdió 11%, mientras que MicroStrategy, Riot Blockchain y Marathon Digital cayeron en torno al 7%.

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Markten

TrueFi's $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral

Decentralized lending protocol TrueFi’s experience with loan default reveals its recourse for recovering bad debts: old-school solutions that can be time-sapping and costly, such as taking borrowers to court.

(Unsplash, modified by CoinDesk)

Markten

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data

Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)