Topic: cpi

cpi | Posted on September 12, 2024

U.S. Core Inflation Spike in Aug. 2024 Adds Pressure Ahead of Fed Rate Decision

U.S. core inflation exceeded forecasts in Aug. 2024, raising expectations of a 25 bps Fed rate cut. Bitcoin reacts with a price dip.

cpi | Posted on August 16, 2024

Low CPI Could Propel Bitcoin to All-Time Highs, Says Grayscale Research Head

The U.S.'s low July CPI print suggests potential rate cuts, which could weaken the dollar and boost Bitcoin. Despite brief volatility, analysts expect...

cpi | Posted on August 15, 2024

U.S. CPI July Data Fuels Fed Rate Cut Speculation Amid Easing Inflation

The U.S. CPI data for July indicates easing inflation, fueling speculation of a possible Federal Reserve rate cut in September as the year-over-year...

cpi | Posted on July 11, 2024

June CPI Falls for First Time in 4 Years – Fed Rate Cut Incoming?

The US inflation rate fell for the first time in over four years, sparking hopes of a Fed rate cut in September. BTC...

cpi | Posted on November 13, 2023

Bitcoin Week Ahead Ep37: Watch Out For BTC ETF Deadline, CPI Report

Bitcoin (BTC) looks flat at the beginning of its new weekly session. Traders are awaiting guidance from the US Securities and Exchange Commission...

cpi | Posted on October 23, 2023

Bitcoin Week Ahead Ep35: BlackRock’s BTC Purchase Could Easily Refresh 2023 High

Key Takeaways: YEREVAN (CoinChapter.com) — The next spot Bitcoin ETF decision will come on Jan. 10, 2024, but the market is already celebrating a...

cpi | Posted on February 14, 2023

CPI Report out – Inflation at 6.4%; What Will Fed Do?

YEREVAN (CoinChapter.com) – The US inflation has ballooned to 6.4% in January, standing 0.5% above December statistics, according to the latest consumer Price...

cpi | Posted on February 7, 2023

CPI is a lie – what’s the best gauge of inflation?

Inflation is a fall in the purchasing value of money and a subsequent rise in prices. However, measuring inflation is no easy task....

cpi | Posted on January 12, 2023

Dec 2022 CPI report shows 6.5% core inflation – what to expect from Fed?

According to the latest data from the Bureau of Labor Statistics, the December consumer price index (CPI) data stood at 6.5%. Notably, it...

cpi | Posted on July 13, 2022

Inflation at 9.1% deflates Bitcoin’s recovery hopes – what to expect?

YEREVAN (CoinChapter.com) – The latest consumer price index (CPI) report showed that inflation rose to 9.1% in June, the fastest 12-month pace in four decades....

cpi | Posted on March 28, 2022

Bitcoin hits $47.5K but its correlation with U.S. equities spells extreme selloff risks

YEREVAN (CoinChapter.com) – Bitcoin (BTC) wobbled around $47,000 Monday, after closing the weekend at a year-to-date high of nearly $47,800. Additionally, it broke...

cpi | Posted on March 11, 2022

WTF Bitcoin! BTC price drops towards $38K after U.S. inflation hits four-decade high

Bitcoin (BTC) dropped towards $38,000 amid a selloff led by an incredibly higher inflation report released Thursday.

cpi | Posted on March 9, 2022

Inflation expectations rise ahead of the CPI report as oil prices spike amid the war in Ukraine

Inflation expectations rise ahead of the CPI report on Thursday. The oil prices soar after the Ukraine invasion, but drop on Mar. 10....

cpi | Posted on February 25, 2022

Ukraine invasion sparks debate on interest rate hikes — what does it mean for Bitcoin?

A month-long tension between Russia and Ukraine culminated in a full military invasion by land, air, and sea on the morning of Feb....

cpi | Posted on December 8, 2021

Bitcoin to $100K possible as key dollar fractal suggests yearend declines

For example, gold and the equity market shared their inflation safe-haven status with Bitcoin during the pandemic, as many investors turned to the...

cpi | Posted on October 15, 2021

High inflation pressures dollar further down as Bitcoin nears $60K

US inflation reached 5.4% as Bitcoin pushed the rally to $59,319. Is BTC in danger, while Fed plans to start tapering in Nov...

cpi | Posted on September 14, 2021

Bitcoin inches up as BTC traders flip bullish on the back of positive CPI data

Bitcoin resumed its uptrend nearing $47,000, as bullish daytraders swapped the US dollar for the cryptocurrency en-masse. Buyers assessed the diminishing rate of...

cpi | Posted on June 25, 2021