Bitcoin and the Predictability of Crypto Market Cycles
History shows there's likely a bright year ahead for BTC's price.
Bitcoin's Price Hovers Around $36.6K After U.S. Inflation Data
U.S. inflation data for October was better-than-hoped, with the headline Consumer Price Index (CPI) flat for the month versus economist forecasts for a rise of 0.1%. StockCharts.com senior technical analyst Julius de Kempenaer shares his crypto markets update as bitcoin (BTC)'s price hovers around $36,600 on the news. "Bitcoin's on a roll," Kempenaer said. "We're in for a new move higher." Plus, the outlook for altcoins.
U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
In addition to the headline inflation beat, core CPI declined last month.
CPI Report Tuesday Could Provide Next Bitcoin Catalyst
The U.S. government tomorrow will report on October inflation data.
U.S. September CPI Rises 0.4%, Outpacing Forecasts; Bitcoin Slips Further
The year-over-year pace of inflation was 3.7%, also faster than economist expectations.
Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.
Bitcoin Price Hovers Around $26K as U.S. Inflation Is 'Not Going Anywhere Fast': Trader
Bitcoin (BTC)'s price remains little-changed at around $26,000 as new inflation data is released. On a year-over-year basis, the Consumer Price Index (CPI) rose to 3.7% versus forecasts for 3.6% and from 3.2% a month earlier. "The Crypto Trader" author Glen Goodman discusses his crypto markets analysis.
U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected
Higher oil prices were behind the big rise in headline inflation last month.
Crypto Market Shows Signs of Stability Ahead of U.S. CPI
While some economists predict a jump in U.S. CPI compared to July, Factset research shows inflation is becoming less of a concern for large companies.
Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing
The U.S. government on Wednesday morning will release its latest official inflation data.