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CPI
Bitcoin Held by Funds Drops Over $240M Ahead of CPI Release
A ByteTree Chart shows the number of coins held by U.S. and Canadian closed-ended funds, and Canadian and European ETFs have dropped by almost 5,800 BTC, worth $243 million, ahead of the CPI release.
Inflation Reaches 40-Year High of 8.5%, Can Crypto Help?
The inflation rate in the U.S. have yet again reached a 40-year high of 8.5% amid geopolitical uncertainty. “The Hash” group discusses whether or not bitcoin can be used as an inflation hedge and its steady price action following the Consumer Price Index (CPI) announcement.
US Inflation Surges to New 40-Year High, What That Means for Crypto
GSR Markets’ Benoit Bosc discusses the current state of the crypto markets as the U.S. Consumer Price Index (CPI) rose to 8.5%, hitting a new 40-year high. Meanwhile, bitcoin and other digital assets are trading down.
First Mover Americas: Traders de Cripto Observam Relatório do IPC dos EUA, Monero Brilha
Os últimos movimentos nos Mercados de Cripto em contexto para 12 de abril de 2022.
Is Bullish Sentiment for Bitcoin Returning?
Analyst Nick Mancini of Trade the Chain discusses what might explain bitcoin's short-term price movements. "What we've seen is a much more bullish sentiment in the past week than we have seen in the past eight weeks," Mancini said. Plus, the possible impact of Thursday's Consumer Price Index (CPI) report on the crypto markets, and potential headwinds ahead for the digital asset space.
US Inflation Hits New 4-Decade High of 7.5% in January
The Consumer Price Index (CPI) data for January released Thursday revealed prices have climbed 7.5% over the past year, the fastest pace since 1982. "The Hash" panel discusses the report and what this means for bitcoin as a potential hedge against inflation.
'The Wolf Of All Streets' Scott Melker on Crypto Market Outlook: 'Up, Up, and Up'
On the heels of the latest Consumer Price Index (CPI) report indicating U.S. inflation hit a 4-decade high of 7.5% annual gain in January, crypto trader and host of "The Wolf Of All Streets" podcast Scott Melker discusses why he sees the crypto market heading "up, up, and up" from here. "I don't have fears of a crypto winter," Melker said.
US Inflation Rose to Nearly 4-Decade High of 7% in December
The U.S. Labor Department's consumer price index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7%, hitting predictions made by economists. This marks the highest increase since June 1982 and topping November's 6.8% increase. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
What's Behind This Week's Price Movement for BTC?
Fernando Martínez, Head of America at Hong-Kong based digital asset platform OSL, discusses his views on the catalyst behind this past weekend's crypto market decline and the current surge in bitcoin. How might inflation numbers in the U.S. Bureau of Labor Statistics' latest Consumer Price Index (CPI) data impact prices? Plus, insights into bitcoin options.
US Inflation Jumps to Highest Point Since 1982
New data from the U.S. Bureau of Labor Statistics shows the Consumer Price Index (CPI) for all items rose 6.8% in the 12 months through November, the highest since May 1982, when it was 6.9%.