Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in ...
Tag: CPI
Bitcoin spikes to $17,800 on better than expected CPI data
The release of October’s Consumer Price Index (CPI) data showed inflation at 7.7% year-on-year. This came in better than the estimated 7.9% figure. The initial response from Bitcoin saw a much-needed ...
Markets Soar As Inflation Hits Lowest Level Since January
Markets made big gains off a positive inflation report. (Photo by Spencer Platt/Getty Images) Getty Images Key takeaways Inflation has increased 0.4% in October, below forecasts of 0.6%. This brings t...
Encouraging CPI Inflation Report May Signal An Earlier Fed Pause
November’s CPI report for the month of October offered some early signs that U.S. inflation was … [+] falling. That may prompt the Fed to be less aggressive in hiking rates. Photographer: ...
Bitcoin adds $15 billion in 15 minutes as CPI data comes in lower than expected
The pressure on the cryptocurrency industry caused by the FTX drama seems to be easing after the new U.S. Consumer Price Index (CPI) report revealed better results for October than previously expected...
Friday’s Inflation Data May Have More of a Rates Impact Than CPI
(Bloomberg) — Traders are laser focused on Thursday’s key US consumer price figures, but inflation data a day later may be even more important in determining the near-term outlook for global mar...
Real Estate Rebounds On Gov’t Backing As COVID Cases Increase
China Last Night KraneShares Key News Asian equity markets were mixed overnight with Taiwan and South Korea outperforming. Hong Kong and China were off with October’s PPI reported to be -1.3% and risi...
Jim Cramer says to ‘hope for the best, prepare for the worst’ ahead of October CPI report
CNBC’s Jim Cramer on Tuesday gave investors his expectations for the October CPI report. “Maybe this time will be different, and it could be. … But right now when it comes to the CPI, I th...
Bitcoin key price levels to watch for entry opportunities ahead of CPI data
Bitcoin’s (BTC) price is getting more volatile just as the midterm elections are taking place, and later this week, the Consumer Price Index (CPI) inflation data, which may have a significant influenc...
Prepare For A Favorable U.S. Inflation Report
The return of good investment returns produces smiles getty Economists see a still high CPI inflation coming in the October U.S. Bureau of Labor report (Thursday, Nov. 10 at 8:30 AM). Per Econoday con...
Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of November battling some familiar FUD — how will BTC price action react? The largest cryptocurrency managed a weekly close just below $21,000 on Nov. 6 — an impre...
Latest Forecasts For November’s CPI Inflation Could Worry Fed
Latest nowcast of CPI inflation for the upcoming November and December reports imply that inflation … [+] will stay well above the Fed’s target. (AP Photo/Manuel Balce Ceneta) Copyright 20...
Understanding The Producer Price Index And Consumer Price Index As An Investor
| Getty Images Key Takeaways The PPI measures the change in selling prices received by domestic vendors and represents the cost of producing goods. The CPI measures the change in prices consumers pay ...
When Does Inflation Data Come Out?
| Getty Images Key Takeaways Every month, the U.S. Bureau of Labor Statistics releases the Consumer Price Index (CPI) data which is then used to calculate inflation numbers. As inflation numbers go up...
Latest Forecasts Hint At Bleak November CPI Inflation Report
Recent nowcast data suggests the next CPI report showing inflation trends for the month of October … [+] may not be what the Fed wants to see. Photographer: Al Drago/Bloomberg © 2022 Bloomberg F...
Bitcoin Holds Steady Despite US CPI Data Spooking Investors — Is A Crash To $12,000 In The Offing? ⋆ ZyCrypto
Advertisement     After staying flat for most of the week, Bitcoin plunged by about 7% to $18,200 on Thursday following a hotter-than-expected Consumer Price Index (CP...
Bitcoin Holding $19,000 Before CPI Data, Oryen Network A Good Bet Against A Failing Economy
Join Our Telegram channel to stay up to date on breaking news coverage CPI data can have a significant impact on the financial world. As a measure of the price change in a basket of common goods, it’s...
Bitcoin Price Prediction – Dropped Closer to $18.6k Before Bounce, CPI data arrives
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin dipped from the comfortable accumulation range of $18.8k – $19k to near $18.6. This is an extremely odd price action sinc...
Bitcoin (BTC) Bottomed? Whale Enters Long Position After The CPI Release
Bitcoin price tanked to $18.3k after the CPI data for September comes in higher than expected at 8.2%. However, the BTC price recovered hours after the CPI release, continuing gains on Friday. As per ...
China’s CPI Rose in September, the Fastest Growth Rate Since April 2020
The economic structure of China is badly affected because of the global pandemic. The rate of Inflation is continuously increasing in China. China consumer prices have grown at the highest rate sin...
Bitcoin Shakes Off Bears Following CPI Release, But Will This last?
Bitcoin saw a shaky market day following the release of the CPI data. While the projections for the inflation rates were high, they would come out lower than the actual number and the crypto market ha...
How To Buy More Than $10,000 Of I Bonds Before The Rate Drops
The Bureau of Labor Statistics yesterday released inflation numbers for September. The Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.4 percent in September on a seasonally adjusted ba...
Volume surges to ‘bull market levels’ as Bitcoin snaps back from CPI decline
Bitcoin Archive tweeted that BTC volume is “climbing to bull market levels,” while highlighting a continuous monthly uptick since August. Source: @BTC_Archive on Twitter.com That in itself cannot be t...
BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sticks by $21,000 target Data fro...
Bitcoin Parries Full-Blown CPI Onslaught, Recovers Above $19,000 Level
Bitcoin bucked its shaky initial reaction to the latest Consumer Price Index (CPI) report released on Thursday, rebounding right away after an expected price decline. Bitcoin nears $20K mark after the...
Bitcoin Price Set For New Yearly Low With Hot CPI Inflation Data?
The Bitcoin price fell sharply following the release of the U.S. consumer price index (CPI) data on Thursday. With this, speculation is rife that the top cryptocurrency could drop further to a new yea...
BTC, ETH rebound following US CPI data release
The total cryptocurrency market cap saw net inflows totaling $30.49 billion. As of press time, the industry’s market cap stood at $941.63 billion, up 3.13% over the last 24 hours. Bitcoin’s market cap...
Summary from FOMC meeting and CPI data. How it impacted the Crypto market
The world is moving through an unprecedented time. According to the consumer price index CPI, inflation is higher than in the last four decades. Inflation is affecting every corner and market of the w...
Bitcoin slumps after CPI release; Fed Vice Chair warns banks on crypto company deals
The biggest news in the cryptoverse for Oct. 13 includes Bitcoin falling by 3% as CPI data of 8.2% worsen fear of rate hikes, Binance allegedly filing inadequate financial reports in the UK, STEPN den...
Best Time To Enter Bitcoin (BTC) Position After CPI Inflation Data
Taking into consideration risk associated with asset price movements after macro decisions, Bitcoin reaction to inflation data is highly anticipated. Bitcoin (BTC) dropped significantly following the ...