Bitcoin braces for key US economic data: Will inflation boost prices?

CPI and joblessness claims may influence Bitcoin's price and risk sentiment. Market volatility expected as Fed policy implications unfold from key US economic data. Bitcoin [BTC] investors aThe post Bitcoin braces for key US economic data: Will inflation boost prices? appeared first on AMBCrypto.

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Inflation Data Released: Consumer Prices Steady

Сообщение Inflation Data Released: Consumer Prices Steady появились сначала на Coinstelegram.

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US November CPI matches expectations, Fed rate cut likely ahead

A Fed rate cut could stimulate economic growth but may also risk higher inflation if consumer prices continue to stabilize above target levels. The post US November CPI matches expectations, Fed rate cut likely ahead appeared first on Crypto Briefing.

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Macro Uncertainty To Fuel Fresh Bitcoin Surge: Cathie Wood

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Crypto price predictions: Quant, Mantra, Ripple XRP

Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000.

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Toncoin, Notcoin, Celestia rises as July US inflation drops

Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U. S. stocks continued rising on Wednesday, Aug.

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Polkadot inflation sparks debate: DOT prices to tank?

Polkadot inflation sparks debate as DOT tanks further.  Some users argue that a +10% inflation rate erodes DOT’s value.  Polkadot [DOT] has hit the headlines as debate rages over its allThe post Polkadot inflation sparks debate: DOT prices to tank? appeared first on AMBCrypto.

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Crypto price predictions: Internet Computer, IOTA, Notcoin

Cryptocurrency prices bounced back this week, helped by numerous catalysts. Germany has ended its Bitcoin transfers to exchanges while the Federal Reserve has pointed to interest rate cuts even before inflation drops to its 2% target.

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Bitcoin, Mantra, Notcoin prices rise as US CPI data point to a Fed cut

Bitcoin and other altcoin prices continued rising after the US published encouraging June inflation data.  BTC jumped to over $59,000 on Thursday, up from last week’s low of $53,700. Other tokens like Mantra (OM), Notcoin (NOT), AAVE (AAVE), and JasmyCoin…

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Bitcoin gains as May CPI data shows moderate inflation numbers

Bitcoin prices rise as the May Consumer Price Index report reveals a slowdown in inflation to 3. 3% year-over-year, raising expectations for potential interest rate cuts by the Federal Reserve later this year.

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U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.

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Fed inflation doubts leave crypto markets flat

While crypto prices stayed relatively flat after the Fed’s minutes, U.S. stocks traded downwards on the slim likelihood of hawkish decisions due to inflation levels.

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How inflation, interest rates and the stock market affect Bitcoin’s price

While there are crypto-specific factors that can boost Bitcoin, there’s no denying that prices are often influenced by macroeconomic and global events. Sometimes, Bitcoin’s price can suddenly leap or plunge without warning. And in many cases, this is because of…

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Bitcoin, Ethereum prices rise after U.S. inflation report

Bitcoin and stocks experienced a notable price increase following the release of the April U.S. inflation data.

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Algotech gains as Bitcoin spikes towards $64k on latest CPI report

Bitcoin price rose to near $64,000 as stock futures climbed. The upside came after US inflation data showed consumer prices rose less than expected in April. Algotech, a new crypto trading project, continued to attract investors as its presale crossed $4.

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Is Bitcoin A 90% Surge Incoming? Analyst Sees Bottom As Inflation Data In Focus

Bitcoin prices are moving sideways when writing and are generally firm. Even though there are marks of strength, the world’s most valuable coin is still swimming against ferocious downstream currents and could risk plunging below $60,000 and May 2024 lows.

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Stagflation Vs. Crypto: Can Bitcoin And Ether Weather The Storm?

The cryptocurrency market is experiencing a period of volatility as investors grapple with conflicting forces. Renewed anxieties about stagflation in the US – a scenario of high inflation coupled with sluggish economic growth – are putting downward pressure on prices.

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Bitcoin: Exec makes 'flawed' claim about BTC prices going down

Bitcoin's price dropped by almost 3% amid U.S economic uncertainties Darius Dale believes that inflation worries are impacting asset markets right now Bitcoin [BTC] is in the headlines once The post Bitcoin: Exec makes 'flawed' claim about BTC prices going down appeared first on AMBCrypto.

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Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts

The latest US inflation data significantly impacted the Bitcoin price and most of the cryptocurrency market, with some exceptions. According to a report from the Labor Department, inflation rose more than expected in January, driven by higher shelter prices.

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Moonriver, Optimism, Cronos ID prices surge as US PCE slips

Cryptocurrency prices bounced back on Friday after another set of encouraging US consumer inflation data. Moonriver (MOVR) price rose by more than 60% on Friday while Cronos ID and Optimism (OP) jumped by over 48% and 28%, respectively.

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The recent Fed inflation warning, highlighting potential shocks to the U.S. Dollar and a looming ‘acceleration’ of its collapse, is seen by some as making a ‘bullish case’ for Bitcoin, Ethereum, XRP, and a surge in crypto prices.

Сообщение The recent Fed inflation warning, highlighting potential shocks to the U.S. Dollar and a looming ‘acceleration’ of its collapse, is seen by some as making a ‘bullish case’ for Bitcoin, Ethereum, XRP, and a surge in crypto prices. появились сначала на Coinstelegram.

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US Wholesale Inflation Falls for First Time in 4 Months

The prices US domestic producers pay to produce goods came in lower than anticipated in October, raising the chances of a soft Fed landing. The post US Wholesale Inflation Falls for First Time in 4 Months appeared first on BeInCrypto.

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Assessing Bitcoin’s value relative to inflation

Quick Take When evaluating the performance of assets or prices over time, it is crucial to differentiate between real and nominal values. Nominal prices show the face value without accounting for inflation, while real prices factor in inflation to depict the true purchasing power.

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Crypto Community Maintains Bearish Sentiment Despite Stabilizing Bitcoin (BTC) and Ethereum (ETH) Prices

Despite Bitcoin and Ethereum prices stabilizing in recent weeks after a prolonged crypto bear market, discussion data suggests the overall community remains decidedly bearish. According to crypto analytics firm Santiment, topics like “inflation” and “bear market” have seen rising mentions.

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Stocks fall, yields rise as inflation data comes in hotter than expected

The stock market declined on Oct. 12 as the US BLS released new data showing prices rose faster than expected.

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Crypto Observers Warn of Risk Aversion as Oil Prices Top $93

The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected.

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VeChain, Toncoin, Compound, Maker prices rise as US CPI spikes

Altcoins like Toncoin, Compound, Maker, and Hedera Hashgraph jumped on Wednesday. The US published strong consumer inflation data as the CPI soared to 3. 7%. Cryptocurrency prices reacted differently to the latest US consumer inflation data.

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U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected

Higher oil prices were behind the jump in headline inflation last month.

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Bitcoin trades with a bullish bias ahead of the US inflation data

Financial market participants await the US inflation data Bitcoin shows signs of a possible reversal A falling wedge and a bullish divergence support the case for higher Bitcoin prices Today is important for anyone interested in financial markets and US data.

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Inflation Wears Out Its Welcome in Japan

Japan embraced the rise in consumer prices after years of deflation, but inflation has now begun to take a toll.

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Bitcoin Soars to All-Time High Against Argentina Peso as Presidential Race Heats Up 

Bitcoin prices have hit a record high in Argentina due to rampant inflation and political uncertainty, with the cryptocurrency surging 188% since the start of 2021. The post Bitcoin Soars to All-Time High Against Argentina Peso as Presidential Race Heats Up appeared first on BeInCrypto.

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Bitcoin Hater Peter Schiff’s Reaction To CPI Data: ‘The Fed Has Lost’

Peter Schiff, a Bitcoin hater and prominent financial analyst renowned for his insights into economic trends, has turned his scrutiny toward the recent United States inflation data, raising questions about the efficacy of the Federal Reserve’s campaign to curb escalating prices.

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Crypto price prediction: Chancer, Curve DAO, Litecoin

Cryptocurrency prices had a dull performance in July even after some important news during the month. Ripple prevailed in its lawsuit against the Securities and Exchange Commission (SEC) while inflation continued falling.

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Helium price spikes as Bitcoin and Ethereum hover at key levels

Helium rose double digits as did 1inch and NEM after US inflation data  Bitcoin price on the other hand touched $31k on Coinbase and Ethereum hovered near $1. 9k. Consumer prices rose 0. 2% month-over-month and 3% year-over-year in June.

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Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data

With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

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Hedera, Fantom, XRP, Filecoin prices rise as US inflation dips

The headline consumer price index dropped to 4. 0% in May. The data came as the FOMC prepares to conduct its June meeting. Economists expect that the bank will leave interest rates unchanged. Altcoin prices jumped on Tuesday after the US published encouraging consumer inflation data.

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U.S. CPI Inflation Slows to 0.1% in May; Bitcoin Rises

The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.

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U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises

The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.

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Bitcoin Headed for First Monthly Loss in 6 Months

The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said.

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World Token Summit: Spearheading Dubai’s foray to become a global hub for crypto & blockchain activity

Crypto market has shown signs of a slow recovery signaling the end of the crypto winter. Crypto prices have trended higher in 2023. With inflation cooling off, a recession looking more likely with a banking crisis in the west, investors are seeking refuge in cryptos.

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Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more

This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence may soon replace.

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Crypto price prediction: Arbitrum (ARB), EOS, VeChain

Cryptocurrency prices had a strong performance this week as Bitcoin jumped above $30,000 and Ethereum soared to over $2,000. This rally coincided with the ongoing dollar sell-off, the latest American consumer inflation data, Shapellla upgrade, and dovish Federal Reserve minutes.

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Here’s why Ethereum Classic (ETC) price could jump by at least 12%

Ethereum Classic price has made a bullish break-out as cryptocurrencies rally.   It jumped after the latest American inflation data showed that prices were falling.   Some investors believe that Ethereum investors will transition to Ethereum Classic after the Shapella upgrade.

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US inflation falling, bitcoin remains in range around $30k

Hours after the United States BLS released the latest CPI data for March 2023, bitcoin (BTC) prices remain subdued and tethered around the $30,000 mark

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Crypto Market Forecast: Week of April 10th 2023

A curated weekly summary of forward-focused crypto news that matters. This week, OPEC cuts oil production pushing gas prices higher and contributing to inflation concerns, the Ethereum Shanghai upgrade is set to take effect this week, and Texas legislators table a bill to return the state to the Gold standard.

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Why are crypto prices rising? Sector struggling but inflation and interest rates pushing prices up

It’s been a kind few months for cryptocurrency investors. After getting pillaged last year, the sector has rebounded emphatically.   The surge comes mainly in response to a shift in the expectations around the economy going forward.

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Crypto prices continue to rebound as Metacade’s presale nears the end

The past few days marked a difficult time for investors as not one but three notable banks collapsed under pressure, adding to an already tense investment environment. Investors have to now deal with fear of additional bank failures on top of inflation and employment concerns, questions over how the economy will react to potential new […] The post Crypto prices continue to rebound as Metacade’s presale nears the end appeared first on Invezz.

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Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […] The post Why is Bitcoin going up? $26K breached but there is reason for suspicion appeared first on CoinJournal.

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Bitcoin bounces off $23k support as stocks fall on hot PCE data

Bitcoin and crypto prices fell as markets reacted to January PCE data. The Fed’s favourite inflation measure came in hot, jolting markets lower with S&P 500 declining nearly 1. 4% and Dow dropping about 400 points.

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