Bitcoin eyes best November since 2020 as PCE fails to move BTC price
Bitcoin remains on track to seal its highest monthly close since May 2022, but BTC’s price is stubbornly rangebound.
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BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range
Bitcoin traders expect downside as BTC price offers a muted reaction to the Fed's "preferred" inflation metric.
Bitcoin price hits $28.5K on PCE data as macro ‘accumulation zone’ ends
Bitcoin is up $1,000 on the day as bets on $30,000 hitting soon reappear in advance of the BTC price monthly close.
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past…
Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’
Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big…
Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats
The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct.…
Bitcoin price gains 3.5% as US PCE data supports shrinking inflation
A swift leg-up for BTC price action nonetheless fails to crack the week-long trading range so far.
US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month…