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Inflation
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.
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
Wood would choose bitcoin over gold "hands down" as an asset to hold for the next ten years.
Why Inflation Data Matters for the Price of Bitcoin
The year-on-year percentage change in the U.S. consumer price index from 2013 to date looks eerily similar to the 1970s, according to Game of Trades. If history is a guide, inflation may rebound in the coming months, boosting demand for perceived store-of-value assets. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data
Risk-off sentiment hit markets as a slightly hotter-than-expected inflation reading boosted U.S. Treasury rates and the dollar.
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.
Crypto’s Interest in Rates
U.S. interest rates are back on the rise, but digital assets appear to be unaffected.
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.
