Bitcoin and Ether suffered losses over the weekend as cryptocurrencies fell on Sunday amid a broader selloff by the crypto sector following data showing US inflation hitting a new 40-year high. Bitcoi...
Tag: Inflation
Inflation Has Become a Global Problem. Where the U.S. Ranks
David Paul Morris/Bloomberg Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. U.S. Gets Ranked on In...
Bitcoin And Ethereum Are Falling In Value As The CPI Report Indicates Rising Inflation
Shelter, food, and fuel accounted for the highest monthly gains in the CPI, a price index that analyses changes in a wide range of goods and services. On a month-to-month basis, the energy index rose ...
Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More for Investors to Watch This Week
It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting comm...
Peter Schiff Has A Warning! As Inflation Soars, People Will Sell More Bitcoin (BTC)
The crypto market came under further pressure soon after the U.S. released its May 2022 inflation data, with CPI at 8.6%. The broader crypto market is down by another 5% today moving closer to the $1 ...
Cryptocurrency selloff extends through the weekend after Friday’s hot inflation reading
Bitcoin and other cryptocurrencies tumbled on Sunday as losses for the asset class built over the weekend following U.S. data that showed persistent inflation pressures. Bitcoin BTCUSD, -1.93% dropped...
Dogecoin Creator Speaks Against “Crypto Is Inflation Hedge” Thesis
Arman Shirinyan Creator of biggest memecoin on market shares his take on “crypto is an inflation hedge” Dogecoin creator Billy Markus shared his view on the popular belief about cryptocurr...
Brian Armstrong Says Crypto Can Beat Inflation, What Does The Chart Suggest?
The boss of one of America’s leading centralized crypto exchanges, Coinbase, explained that Bitcoin could become the new global gold standard. He believes that the digital asset can revamp America’s f...
Should You Be Looking at Bonds Rather Than Stocks?
With the S&P 500 index having dropped 18% this year, conventional wisdom has it that you should take advantage of the opportunity to buy stocks at bargain prices. But at least for investors over 6...
Crypto Extends Tumble Into Weekend After US Inflation Data
(Bloomberg) — Bitcoin and Ether fell on Sunday amid a broader retreat by the cryptocurrency complex in the wake of data showing US inflation hitting a fresh 40-year high. Most Read from Bloomber...
US stocks drop in worst week since January as inflation accelerates
Wall Street’s S&P 500 and Nasdaq stock indices recorded their worst week since January as fresh evidence of red-hot inflation and expectations of an aggressive central bank response led to big los...
Retirees on edge over inflation and stock volatility can take these 5 steps
If you’re like many retirees, the combination of inflation and stock market volatility may set you on edge. “It is one of the higher risk environments for retirees,” says certified financial planner J...
Powell’s Fed Rate-Hike Plans Get Jolted by Inflation: Eco Week
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Jerome Powell could deliver a hawkish surprise on Wednesda...
Dow tumbles as inflation reading triggers market shock waves: What investors need to know
From Wall Street to Main Street, fears that the U.S. economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all we...
Treasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat
(Bloomberg) — Treasury traders are throwing down the gauntlet to a Federal Reserve that’s fallen further behind in its fight to cool the hottest inflation in four decades. Most Read from Bloombe...
Americans are cutting back on their investments due to soaring inflation
As inflation continues to hit everyday staples like food and gas prices, Americans are cutting back—even on their long-term investments and retirement savings. The consumer price index (CPI)—which tra...
Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets
Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. inflation print proves...
Is Bitcoin an Inflation Hedge? BTC and Crypto Market Dip Amid Reports of Rising Cost of Living in the US
A new report by the U.S. Bureau of Labor Statistics shows that inflation is once again on the rise, causing crypto markets and leading digital asset Bitcoin (BTC) to dip. According to the newest Consu...
Soaring Dollar Is ‘Only Safe Haven Left’ After Hot US Inflation
(Bloomberg) — Investors are rushing to buy dollars after US inflation accelerated to a fresh 40-year high last month, adding pressure on the Federal Reserve for more aggressive interest-rate inc...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’ – Economics Bitcoin News
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However,...
Simon Property CEO aims to create new sales event as inflation surges
David Simon, chairman and chief executive officer of Simon Property Group Patrick T. Fallon | Bloomberg | Getty Images David Simon, the chief executive officer of the biggest shopping mall owner in th...
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since 1981. ...
3 Big Dividends That Crush Inflation And Gold
Stack of gold bars. getty There are few things that have a stronger hold on investors’ imagination than gold. When inflation and market volatility spike, many folks simply can’t resist the yellow meta...
Inflation is Hot and Stocks Are Cold. Now the Fed Needs to Rethink Its Rosy Projections.
Text size As the Federal Reserve’s rate-setting committee meets this coming week, it will have to confront the challenge of controlling higher-than-anticipated Inflation, driven by rising food and fue...
Bitcoin Drops to $29,200 as Inflation Reaches Highest Level Since 1981
Alex Dovbnya U.S. inflation has grown at its fastest rate in four decades, exerting more pressure on risk assets Bitcoin, the world’s top cryptocurrency, dropped to an intraday low of $29,453 af...
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...
Bitcoin (BTC) Slips In Minutes After Steaming-Hot U.S. Inflation
Bitcoin (BTC) slipped on Friday after U.S. CPI data showed inflation was nowhere near cooling. BTC fell 1.5% in minutes after the reading, which showed that the U.S. consumer price index (CPI) expande...
Stock Markets Falls On Highest Inflation In 40 Years; Fed Expected To Raise Rates Even Further
The stock market closed sharply lower on Friday as inflation hit its highest level in 40 years, signaling the Federal Reserve is likely to increase rates even further through September. X The S&P ...
Bitcoin, Ethereum Tumble as CPI Report Points to Rising Inflation
Inflation accelerated again in May after slowing down in April, which could have a negative impact on cryptocurrency markets already reeling from the Federal Reserve’s tighter monetary policy. The Con...
Here’s How Bitcoin is Responding to the US Inflation Report – Coinpedia – Fintech & Cryptocurreny News Media
As traders prepare for the weekend, bitcoin prices remained almost flat early in Friday’s session. Cryptocurrency prices have generally stabilized in recent days after a good start to the week. Bitcoi...