The USD/CAD pair has increased, and the CPI has shown a falling trend. The pair is currently at 1.3329, an increase of 0.59%. It is estimated that there could be a further rise if steps are not in pla...
Tag: CPI
When Is October’s CPI Report, And What To Expect From It
BENSENVILLE, ILLINOIS – SEPTEMBER 12: A person purchases gas at a Shell station on September 12, … [+] 2022 in Bensenville, Illinois. Lower fuel prices have recently brought down inflation...
Scoring The Inflation Debate
Over the past year, there has been a deluge of commentary about “inflation.” This has included my recent book coauthored with Steve Forbes and Elizabeth Ames, appropriately titled: Inflation. In that ...
Weekly MacroSlate: A hotter than expected CPI print means a vicious stagflationary environment awaits Bitcoin
TL;DR U.S. CPI sparks upward revision to the expected fed-funds rate U.K. stays top of the G7 inflation league, with actual CPI year-over-year of 9.9% GBP saw new lows against the U.S dollar, same lev...
How the Bitcoin Price is Getting Affected by US CPI Data
Join Our Telegram channel to stay up to date on breaking news coverage With US Consumer Price Index released on 13th day of September for the month of August, there has been a lot of fluctuations in t...
Crypto Plummets As CPI Worsens, Any Chance For Reversal?
Crypto prices have maintained a strong correlation with most macroeconomic factors. It’s no longer debatable that inflation affects the trend in the crypto market. Most past digital asset declines too...
AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data
AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern. AVAX intraday trading volume indicates a 38.7% plunge Avalanche sellers suc...
Reason behind the decline of Bitcoin after CPI data- and it isn’t bad –
The price of Bitcoin has been declining from the beginning of the US session after US Consumer Price Index Inflation stood at the top of predictions of economists. Currently, the bitcoin is trading a...
CPI, PPI, FOMC, And More That Investors Need To Know About
| Getty Images Key Takeaways The determination to raise or lower rates comes from various economic reports, many set to be released this week. The monthly CPI report came in hotter than expected, push...
Dow Jones Reverses On Another Key Inflation Report After CPI Sparks Market Plunge
The Dow Jones Industrial Average reversed lower after another key inflation report — the producer price index — arrived Wednesday in the wake of a stock market plunge from a hot consumer price index r...
Cathie Wood bought these three tech stocks after the CPI print
Tech stocks were hit hard on Tuesday after the U.S. Bureau of Labour Statistics said inflation, in August, was up 0.1% (month-over-month). Cathie Wood went on a buying spree Cathie Wood – Founder of A...
Buy The Dip Sentiment Continues To Wane In The Face Of Consistent Market Slumps Following US CPI Data Releases ⋆ ZyCrypto
Advertisement     In a tweet on Wednesday, on-chain analytics firm Santiment Feed disclosed that traders are showing little interest in buying the dip despite signific...
Inflation Cresting But Not Over
getty getty Yesterday, September 13, 2022, the U.S. inflation numbers came in hot. Down went the stock indexes and the S&P 500 was showing -2% down. In a strange way this is simply history repeati...
Bitcoin & Altcoins Fall After US CPI Release
Crypto market tumbles on Tuesday following the latest inflation release. Bitcoin, Ethereum, and other altcoins turned down after the Bureau of Labor Statistics reported that the U.S. inflation reached...
Bitcoin Crashes Towards $20K on Inflation (CPI) Numbers: Market Watch
Although the US CPI data was quite close to the estimated target, it still had a vigorous effect on BTC’s price, which dumped towards $20,000. The alternative coins are also deep in the red, with Sola...
FTX CEO SBF Disagrees With Server Downtime Amid August CPI Release
Crypto exchange FTX’s CEO Sam Bankman-Fried disagrees with any downtime in the crypto exchange during the August CPI data release. However, many traders reported that the FTX server was down as they w...
Unusually Large Interest Hike Now Extremely Likely After Bad CPI Data
The Consumer Price Index released today is not good news for the crypto market. The CPI data points to an 8.3% YoY inflation, instead of the expected 8.1%. The core CPI is also worse than expected. As...
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
Bitcoin (BTC) crashed below $22,000 instantly on Sept. 13 after United States inflation data failed to meet estimates. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI print sparks maj...
Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot
Prices for risky assets tumbled after the CPI release, with bitcoin falling from $22,700 to nearly $21,000. Ether, the native token of Ethereum’s blockchain, dropped from $1,760 to $1,594, in a ...
Crypto Plummets As CPI Worse Than Expected
The consumer price index has just been released. The CPI points to an 8.3% YoY change and 0.1% MoM change. These are not the numbers that the crypto market was hoping for. The estimated CPI was expect...
Cryptocurrency Prices Fumble as CPI Figure Not Favorable
9 hours ago | 2 mins read Bitcoin News For the cryptocurrency market, poor CPI data is bad news. Bitcoin is now trading at $20,825, down from above $22k. Recently, the CPI was revealed. The Consumer P...
Bitcoin sinks 5% after CPI numbers; ETH PoW fork is expected Sept. 15
The biggest news in the cryptoverse for Sept. 12 includes Bitcoin’s 5% price fall after the CPI report, Ravencoin seeing an increase in hashrate and price, and the Canadian Prime Minister’s criticism ...
FTX Stutters as Crypto Markets Tank Over CPI Numbers
Most traders point the finger at FTX’s API connection Market volatility has a history of overloading crypto exchanges When markets are volatile, crypto traders salivate like a husky after the dinner b...
The biggest Fed rate hike in 40 years? It could be coming next week.
Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a k...
Bitcoin battles whales above $22K as BTC price faces US CPI data
Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United States inflation numbers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Serious” whales pres...
US CPI eases but narrative shifts towards further tightening
The BLS released the latest CPI figures earlier today, with consumer inflation easing to 8.3% Y-o-Y for the month of August. As noted in my earlier article, July’s CPI was recorded at 8.5%. Although t...
Bitcoin Brutalized After August CPI Data Release
In this episode of NewsBTC’s daily technical analysis videos, we take a look at Bitcoin price action following today’s selloff in reaction to August CPI numbers. Take a look at the video below: BTCUSD...
Ethereum Price Slashes Hard With the Release of the Fresh CPI Rates! Can The Merger Revive The Rally? – Coinpedia – Fintech & Cryptocurreny News Media
The highly anticipated US CPI rates are out and as expected, the market has collapsed heavily. The Bitcoin price dropped close to $21,600 while the Ethereum price squashed close to $1600. The markets ...
U.S. inflation roars back in August, CPI shows, despite falling gas prices
The numbers: Falling gas price delivered a second low U.S. inflation reading in a row as the consumer price index rose by just 0.1% in August. But the report also showed inflation has spread more broa...
Bitcoin Tumbles With Worst CPI Inflation Report! Where BTC Price is Heading Next?
On September 13, Bitcoin (BTC) quickly fell below $22,000 as US inflation data disappointed forecasts. After the Consumer Price Index (CPI) inflation for August came in at 8.3% year over year, BTC/USD...
Bitcoin And Ethereum Wick Down Ahead Of CPI
Volatility has stuck the crypto market as the price of Bitcoin and Ethereum trend to the downside. The two largest cryptocurrencies are reacting negatively and with volatility to the U.S. Consumer Pri...
Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike
The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics (BLS), showing a 0.1% increase in August, taking the unadjusted value to 8.3%....