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Bitcoin in Turmoil Following Hot Inflation Data

Thursday's CPI report indicates U.S. inflation rose to a 40-year high in September amid the Fed's consecutive interest rate hikes. The hot inflation data left bitcoin (BTC) in turbulence. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin se recupera para mais de US$ 19 mil após queda desencadeada por relatório de inflação HOT

O BTC subiu 0,2% depois que o preço caiu para US$ 18.198 – o menor valor desde 21 de setembro.

Bitcoin's price chart shows the cryptocurrency's rebound midday on Thursday. (CoinDesk)

Videos

Bitcoin Remains Flat Around $19K Ahead of Key Inflation Data

TradeZing Market Advisor Mike Tedeschi discusses his bitcoin outlook as the cryptocurrency continues to trade sideways following the Fed's latest meeting minutes and ahead of September's Consumer Price Index (CPI) report to be released Thursday.

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Índice de Preços ao Consumidor dos EUA para setembro pode impulsionar o Bitcoin a sair de sua faixa recente

A maior Criptomoeda do mundo tem sido negociada em uma faixa entre US$ 18.000 e US$ 22.400 desde o início de setembro.

The latest inflation data, excluding volatile food and energy prices, is due Thursday. (Kinga Krzeminska/Getty Images)

Markets

Bitcoin se apega a US$ 19 mil enquanto traders fazem apostas antes de dados importantes de inflação

O BTC se estabilizou em torno de US$ 19.100, com as ações subindo antes da divulgação dos dados de inflação do Índice de Preços ao Consumidor (IPC).

El gráfico de datos de precios muestra que BTC se aferró a US$19.100 el miércoles. (CoinDesk)

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Bitcoin Slips as Macro Clouds Loom Over Market

Bitwise Asset Management President Teddy Fusaro discusses his crypto markets analysis and outlook as investors await the latest consumer price index (CPI) data and the minutes of the Federal Reserve’s last meeting out this week. Plus, insights into launching the Bitwise Web3 ETF and institutional activity.

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Videos

Bitcoin Outlook Ahead of CPI Inflation Report

CoinDesk Markets Managing Editor Brad Keoun discusses key support and resistance levels to watch for bitcoin (BTC) ahead of next Thursday's CPI report. Plus, CoinDesk Tech Managing Editor Christie Harkin on the outlook for the mining industry as the difficulty of mining a bitcoin (BTC) block is set to see another large increase early next week, weighing further on profit margins.

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This Digital Asset Sector Was Most Effected by the Latest Inflation Numbers

Following the latest CPI announcement, the smart contract platform sector lost about 22% while the culture and entertainment sector “held up a bit better” losing 7%, CoinDesk Indices Managing Director Jodie Gunzberg tells “First Mover.”

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Videos

Bitcoin Appears to Be Stabilizing After 10% Fall Tuesday

Bitcoin (BTC) appears to be stabilizing somewhat following the biggest sell-off since mid-August as BTC dove almost 10% Tuesday after a hotter-than-expected U.S. August CPI report. Separately, the yield on the 10-year U.S. Treasury inflation-protected securities rose above 1%, the highest since 2018.

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Videos

Bitcoin Down Following August CPI Reading

Bitcoin’s temporary rally has come to an end as the U.S. CPI readings returned worse than expected. Data from TradingView indicates that bitcoin (BTC) nearly tested its 10-month bear market early Tuesday.

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