Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control
BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs.
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BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
Predictable but unsettling chaos hits crypto markets as U.S. inflation data sparks a rout to $18,200 for BTC.
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows…
U.S. Inflation Is Sticky at 8.2%. What’s Next for Bitcoin?
Inflation has now cooled for three consecutive months. U.S. Inflation Hits 8.2% U.S. inflation keeps fallingbut its still running hotter than the Federal Reserve would like. The Bureau of Labor...
Bitcoin price threatens $19K support ahead of ‘most hyped’ CPI print
Nerves are showing on the market after several days of Bitcoin "stuck" in a tiny trading range.
Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer.
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter…
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central…
Biggest mining difficulty spike in 14 months — 5 things to know in Bitcoin this week
Macro forces are brewing, while Bitcoin network fundamentals defy the bears — which side will win out when it comes to BTC price action?
Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation
Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions.
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