Despite positive July CPI data, Bitcoin’s price drops – Why?
July’s U.S. CPI was softer than expected, at 2.9% against an estimated 3.0%. The U.S. government’s $593M BTC move could ...
Tag: CPI
Looking into why Bitcoin did not respond to June’s CPI report
The Federal Reserve recently announced June’s CPI reports. However, most crypto assets, led by Bitcoin, did not respond to the ...
Bitcoin fails to break $60K as June CPI signals Fed rate cuts: What now?
Bitcoin fell lower after a softer June CPI data. Analysts claimed a bullish reversal was likely for BTC. On the ...
Bitcoin: How FOMC meeting, CPI report could influence BTC’s next move
BTC saw a surge in long liquidations in the past 24 hours. This comes as the market awaits the release ...
Why crypto is down today – FOMC, CPI spur decline
The crypto market maintained its over $2 trillion capitalization. Anticipation about the FOMC and CPI reports have contributed to the ...
Bitcoin’s CPI turns positive after 10 days – What does it mean for prices?
Bitcoin Coinbase Premium Index is now positive. This signals a spike in coin accumulation by US-based investors. Bitcoin’s Coinbase Premium ...
Bitcoin price hikes by +5% after softer-than-expected U.S CPI report
U.S CPI data rose to 0.3%, slightly below the expected 0.4% in April. Market saw some relief after April’s slow ...
Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why
The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial ...
Bitcoin: How a higher-than-expected CPI could affect BTC
The CPI came out at 3.1%, triggering a price decrease for Bitcoin. If interest rates remain unchanged by March, BTC ...
$300 Million In Silk Road Bitcoins On The Move After CPI Data
Two unconfirmed transactions present that 9,800 Bitcoin linked to darkish net market Silk Highway was transferred on Wednesday.506 BTC was ...
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