Here’s why Bitcoin traders shouldn’t overanalyze US inflation data
Analysts say record high inflation in the United States is impacting crypto market momentum, but is the impact of the data overstated to the detriment of investors?
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"Since the end of the 19th century, there have been seven distinct currencies in the region that is now Czechia," says SatoshiLabs' in-house economist Josef Tětek.
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US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index…
Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits 40-Year High
Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released.…
Bitcoin rejects sell-off as 7.5% US inflation fails to keep BTC down for long
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Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions
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Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation…
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