Bitcoin (BTC) began Oct. 13 with classic fluctuations around $19,000 as markets prepared for crucial macro data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No sign of upside ahead of ...
Tag: CPI
Altcoins Drop Heavily as the Crypto Market is Crashing Ahead of the Fresh CPI Rates!
The post Altcoins Drop Heavily as the Crypto Market is Crashing Ahead of the Fresh CPI Rates! appeared first on Coinpedia Fintech News The markets seem to have been preparing to drop hard ahead of the...
No Relief Today, Nor Any In Sight
President Joe Biden gestures. (Photo by Andrew Caballero-Reynolds / AFP) (Photo by ANDREW … [+] CABALLERO-REYNOLDS/AFP via Getty Images) AFP via Getty Images For a couple of months this past sum...
Stocks Surge in Wild Ride After CPI Data Selloff: Markets Wrap
(Bloomberg) — US stocks roared back from losses sparked by a hot inflation reading on speculation the yearlong selloff had potentially reached a bottom. Most Read from Bloomberg The S&P 500 ...
Bitcoin Dips to $18K on CPI Data, Here Are The Targets if Selling Continues (BTC Price Analysis)
Today, BTC went through some massive volatility. Accordingly, the trading volume on Binance increased exponentially. The price is struggling to hold above the $18K level, and the potential for further...
What Does CPI Mean, Most Important Release Today| Live Update
The crypto market is seeing a major price movement. The US Bureau Of Labor Statistics has released the Consumer Price Index for the month of September. The inflation data is worse-than-expected and sh...
CPI Crushes Bitcoin Price Down To $17,900, New Lows Imminent?
Bitcoin lost support at $18,600 and trended lower close to its yearly bottom at $17,900. The cryptocurrency managed to stop the bleeding at these levels, but the general sentiment in the markets seems...
Bitcoin Plunges Below $19,000 Ahead of Fresh U.S. CPI Report
As investors prepare for the latest Consumer Price Index (CPI) report, a barometer for measuring inflation, before the Federal Reserve’s November decision on another interest rate hike, the price of B...
Bitcoin slumps 3% as data reveals hotter than expected CPI print
The price of Bitcoin tanked by 3% following the release of September’s Consumer Price Index (CPI) data showing inflation at 8.2% year-over-year. This came in worse than the 8.1% expected rate, extendi...
‘Horrible CPI’ Has Some Bracing for Jumbo Hike: Wall Street Reacts
(Bloomberg) — Wall Street hopes that the Federal Reserve might be able to ease up on its battle against inflation later this year were decisively dashed Thursday when consumer price index data f...
Bitcoin Price Threatened By Inflation, CPI Print To Shed More Light
Hovering at a range between $18,800 and $19,500, the Bitcoin price is chopping out short and long positions. The current dynamics in the market have been determined by macro forces leading BTC to extr...
Elevated CPI Report May Lock-In 0.75 Percentage Point Hike For November
Today’s CPI inflation numbers will do little to reassure the Fed ahead of their next meeting. (AP … [+] Photo/Manuel Balce Ceneta, File) Copyright 2022 The Associated Press. All rights res...
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September – Economics Bitcoin News
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday show...
Senior ETF analyst warns there’s ‘nowhere to hide’ as Gold, S&P 500 fall on CPI data
US stock futures tumbled as new consumer price inflation (CPI) readings came out before the market open, coming in hotter than initially expected. For the markets in general, this ensures another larg...
US CPI data signals high-price inflation
The US markets are eyeing another hike in the rate by early November. If reports are to be believed, then the Fed has every intention of taking the shot in an attempt to lower inflation. S&P500 an...
Bitcoin price: BTC poised below $19,000 ahead of highly anticipated CPI
Bitcoin (BTC/USD) has retreated by more than 2.5% in the past 24 hours, dropping below the $19,000 level again. However, while the overall picture remains one of massive accumulation as seen over the ...
Should you buy or sell the US dollar ahead of today’s US CPI report
The main event of the trading week is the US CPI report scheduled for release today during the North American session. Inflation has been a headache for central banks in the aftermath of the COVID-19 ...
Dow Jones Futures Rise Ahead Of CPI Inflation Report; Investors Avoid This Mistake
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. All eyes turn to the September CPI inflation report on tap for a Thursday morning release. X The stock mar...
Stocks end lower as investors await CPI report
U.S. stocks ended Wednesday’s session slightly lower, as producer price data showed inflation inched up last month and a readout of Federal Reserve meeting minutes affirmed officials were likely...
CPI, PPI And PCE – What’s The Difference Between U.S. Inflation Measures?
NEW YORK – AUGUST 14: With the focus on inflation, what do the different measures of Consumer Price … [+] Index (CPI) inflation, Producer Price Index (PPI) inflation and Personal Consumpti...
Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis
BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data. Bitcoin (BTC) followed analysts’ predictions with sideways action continuing near $19,000 ...
Ethereum Registers Surge Of New Address; Investors Look Forward For CPI
Cryptocurrency Market News Live Updates and Latest News: The Global cryptocurrency market cap woke up to register another drop of 3% over the past day. It now stands at around $917 billion. The mixed ...
Bitcoin price poised for 'very big move' as CPI due to spark volatility
BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal. Bitcoin (BTC) trading was unmoved at the Oct. 10 Wall Street ope...
CPI Fears Erase Altcoin Rally
Cryptocurrency Price Today Oct 10 Latest Updates: This morning, the crypto market showed relative strength before returning to its sluggish ways. Bitcoin climbed over the $19.5 mark before dropping to...
History Insight – Stocks Rise Before Inflation Falls
March 8, 1966 – NYSE during first trading hour following heavy one day dip on March 7 Bettmann Archive Here comes another high CPI inflation report (Thursday, 10/13). Expected: An 8.1% annual ri...
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion – Economics Bitcoin News
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The ne...
Coming CPI Inflation Reports Could Spike According To Most Recent Forecasts
Shopping in Rosemead, California on April 21, 2022. – US inflation reached a four-decade high of … [+] 8.5% in March, what will the October CPI report bring? (Photo by Frederic J. BROWN / ...
Fed’s Preferred Inflation Measure Comes In Hot
Federal Reserve Board Chairman Jerome Powell Friday, Sept. 23, 2022, in Washington. August PCE … [+] inflation came in relatively hot, which may lead the Fed to contemplate further rate increase...
Eurozone CPI reaches double-digits for the first time since WWII standing at 10% YoY
As high inflation numbers are being reported around the globe, followed up by menacing headlines on macroeconomic hardships, countries seem to be pushed into ‘technical’ recessions. Among the areas m...
Inflation Is Taking Hold Worldwide. Where Is It Hitting The Hardest?
| Getty Images Key takeaways Many factors have led to the high rate of inflation the world is experiencing. Many countries are experiencing high inflation, some closing in on 10%. The main tool to fig...
The Most Recent Inflation Trend Matters The Most
Stones in calm water with evening sun getty On Wednesday, the Fed officially raised its rate target by three quarters of a percentage point, increasing the rate it pays on reserve balances to 3.15 per...