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After last June’s inflation report published by the U.S. Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) reflected a 9.1% year-over-year increase, July’s CPI data has come…
Derivatives data show a clear path to $29,000, but inflation and unemployment data will continue to be crucial to determining BTC price rallies.
Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price.
Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at…
Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support.
Investors avoid risk assets during a crisis, but excessive cash sitting in financial institutions could also be good for the cryptocurrencies.
Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week.
The firm may be caught short in the event that markets have already bottomed and crypto starts to deliver serious returns again.
One year isn’t enough time to witness many fundamental changes, but five years is just enough for everything to change.
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After…