Inflation


Videos

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%.

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Videos

What's Behind This Week's Ebbs and Flows for BTC?

Bitcoin's price has fluctuated wildly this week, trading in the $46K-$53K range. What's behind the movements? "All About Bitcoin's" Week in Review panel discusses the week's events that potentially impacted the price of bitcoin and the wider crypto markets, including Evergrande's collapse and rising inflation. Plus, a review of CoinDesk's Top 10 Most Influential 2021 list, with the spotlight on the Taproot developers.

Recent Videos

Finance

Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?

Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.

Monedas. (Adam Gault/Getty Images)

Markets

Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms

The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range.

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Markets

US Inflation Jumps to 39-Year High of 6.8% in November; Bitcoin Falls

Prices for bitcoin, seen by a growing number of investors as a hedge against inflation, jumped 2% after the CPI report from the U.S. Department of Labor’s Bureau of Labor Statistics.

Consumer Price Index Report (CPI report) data shows fast rise in inflation. (Bureau of Labor Statistics)

Videos

Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years

The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982. Bitcoin jumped 2% in the minutes after the news. "The Hash" panel explains the impact of inflation on the global economy and what it means for the crypto market.

Recent Videos

Markets

Bitcoin Turns Lower as Fed Chair Suggests Inflation No Longer ‘Transitory’

Federal Reserve Chair Jerome Powell’s turnabout suggests the U.S. central bank might move more quickly to tighten monetary policy – potentially a negative for speculative assets including bitcoin.

Federal Reserve Chair Jerome Powell testifies Tuesday before the U.S. Senate Banking Committee. (C-Span)

Policy

Yellen Says Stablecoins Require Proper Regulations

The Treasury Secretary also said she agreed with current Financial Crimes Enforcement Network (FinCEN) guidance that crypto firms and providers that don’t custody customer funds should not be regulated.

Capitol building (Shutterstock)