WorldPingBitcoin Magazine Bitcoin Price Spikes, Shrugs off Hot US Inflation Data The price of bitcoin is up, despite the fact that an interest rate hike could be just around the corner.
Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.
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Live updates: Bitcoin gives up early gains as markets fully price in Fed rate hike
Rising yields, oil prices leave bitcoin vulnerable ahead of U.S. inflation report
Treasury buys $5.2 billion of bonds as Bitcoin ETF flows stay negative
Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision
Bitcoin Price Spikes, Shrugs off Hot US Inflation Data
Bitcoin spikes toward $80K as US CPI data delivers new 22-year high in bond yields
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WorldPingRising yields, oil prices leave bitcoin vulnerable ahead of U.S. inflation report — full report at CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingInflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly.
Brief by WorldPing · Original reporting by Decrypt
Core CPI rose a faster-than-forecast 0.3% in August, but the yearly pace of 2.4% was in line and the slowest rate since early 2021.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingUS consumer prices increased faster in August, giving the Federal Reserve another reason to be cautious about lowering interest rates and leaving Bitcoin investors exposed to a prolonged period of expensive borrowing. The Consumer Price Index (CPI) rose 0.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingThe operation supported older bonds, but rising real yields showed why market plumbing had yet to ease Bitcoin’s funding backdrop.
Brief by WorldPing · Original reporting by CryptoSlate
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