2024-10-10 18:40 |
Here's what the most recent inflation data actually means for Bitcoin
Similar to Notcoin - Blum - Airdrops In 2024
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Bitcoin and other cryptocurrencies suffered a harsh reversal on Wednesday as signs showed that Kamala Harris defeated Trump in the debate and as core inflation rose gradually. Bitcoin moved to a low of $55,900, down from this week’s high of $58,110.
2024-9-12 18:49 | |
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Following the latest Halving, Bitcoin’s inflation rate has officially become lower than Gold’s, making BTC the scarcest asset in history. Bitcoin Halving Results In Inflation Rate Dropping To Just 0.
2024-4-25 06:00 | |
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BlackRock turns to Bitcoin amid rising inflation and allegations of receiving early inflation insights, boosting its Bitcoin ETF amid financial uncertainties. The post BlackRock Was Tipped Off About High Inflation, Uses Bitcoin to Hedge appeared first on BeInCrypto.
2024-4-18 08:28 | |
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The preferred inflation gauge of the US Federal Reserve came in below 3% in December, which could mean that Bitcoin will get a chance to mature ahead of anticipated rate cuts. The post Why US Inflation Can Still Move Bitcoin’s (BTC) Price appeared first on BeInCrypto.
2024-1-27 11:55 | |
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Сообщение Bitcoin Volatility Soars as CPI Surges 3.7%, Surpassing Inflation Predictions появились сначала на Coinstelegram.
2023-9-14 09:18 | |
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Bitcoin surges past $26,000, showcasing resilience amidst regulatory pressures and in anticipation of US inflation data and Fed's rate decision. The post Bitcoin Breaks $26,000 Ahead of US Inflation Report appeared first on BeInCrypto.
2023-6-13 13:35 | |
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As Bitcoin became a more mainstream asset, its correlation with the stock market rose which meant it has been impacted by world events to a higher degree than it did before. This is evident with the asset’s reaction to the rising inflation and the Fed’s continuous hiking of interest rates.
2023-5-10 02:00 | |
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As inflation and recession fears mount, many are blaming the Federal Reserve for raising rates too quickly. Despite these concerns, bitcoin (BTC) has maintained its stability, currently valued at $30,000.
2023-4-13 19:29 | |
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Bitcoin lost 1% on Monday ahead of the US inflation data. A crypto analyst expects the inflation data and Fed’s meeting to affect Bitcoin. Bitcoin lacks a directional bias and could move in any direction.
2022-12-13 00:22 | |
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Whether or not Bitcoin and other cryptocurrencies are long-term inflation hedges and a store of value or simply a “risk-on” speculative assets preferred in times when bond yields are unattractive is yet to be perfectly understood.
2022-11-11 16:45 | |
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Some of the biggest economic problems among developing countries are the lack of financial inclusion and high levels of inflation. But is Bitcoin a practical solution? The post As Inflation Bites, Which Country Will Be Next To Adopt Bitcoin as Legal Tender? appeared first on BeInCrypto.
2022-11-2 19:15 | |
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U.S. core CPI hit a 40-year high in September, while all-items inflation exceeded expectations at 8.2%. Bitcoin fell to $18,100.
2022-10-14 18:08 | |
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Bitcoin fell below $21,000 or -9% to touch lows of $20,427 on Coinbase, while… The post Bitcoin, Ether prices fall sharply after hot US inflation data appeared first on CoinJournal.
2022-9-14 22:06 | |
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Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market.
2022-9-14 16:00 | |
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The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.
2022-8-23 05:54 | |
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Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin.
2022-8-17 19:00 | |
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Traders of risk assets, including bitcoin, might be wrong to conclude that inflation in the U.S. has peaked. At least that's what bond market activity is suggesting.
2022-8-12 15:42 | |
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Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000.
2022-8-11 01:56 | |
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The decline in inflation following the four-decade record print of 9.1% in June could bode well for risk-on assets like equities and cryptocurrencies. Bitcoin and Ethereum jumped in response to...
2022-8-10 15:32 | |
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Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week.
2022-7-13 13:49 | |
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Let’s regather for a second and count the bearish happenings in the market right now: Inflation is exploding to such a degree that the 4th of July fireworks this weekend are likely to pale in comparison At the same time that inflation is exploding, the Fed is raising rates (and then backtracking…and then re-affirming the […] The post Nothing is surprising about scale of Bitcoin’s fall (from a Bitcoin bull) appeared first on Invezz.
2022-6-30 23:39 | |
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Fears of inflation and poor macroeconomic sentiment have caused bitcoin to fail as an inflation hedge in recent weeks.
2022-5-16 14:14 | |
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Bitcoin decoupled from the Nasdaq to denote a 2.7% gain as U.S. inflation numbers recorded a new 40-year high.
2022-4-12 16:26 | |
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Bitcoin surpasses $44,000 as US inflation tops 7% in December
2022-1-12 18:42 | |
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The inflation rate in the UK has risen 5. 1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.
2021-12-16 15:33 | |
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The inflation rate in the UK has risen 5. 1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.
2021-12-16 12:24 | |
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Powell said it’s time to retire the word “transitory” when discussing inflation; Bitcoin is the people’s lifeboat.
2021-12-1 22:41 | |
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Bitcoin touched $69,000 today as inflation data showed the highest annual jump in CPI since 1990.
2021-11-11 22:10 | |
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Key takeaways Former U. S. speaker Newt Gingrich suggests that emerging economies adopt Bitcoin to hedge against inflation. Inflation keeps growing in the U. S. even as food, and other goods reach their highest prices in a decade.
2021-10-23 19:57 | |
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Traditional billionaires may be storming the Bitcoin market anytime soon. As was recently observed, inflation in the United States has hit a 13 year high. Apparently, the surge in the price of cars has influenced this outcome.
2021-7-18 20:20 | |
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“Inflation fears bode well for bitcoin,” but no one is running to buy Bitcoin on seeing a sharp increase in numbers. And when the Fed gets nervous and ends up creating a risk-off environment, it would be bearish for all the asset classes.
2021-5-13 15:28 | |
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Rising fears of inflation and big government spending rocked equities markets and possibly had a knock-on effect on Bitcoin and altcoin prices.
2021-5-13 01:08 | |
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The popularity of Bitcoin and other cryptocurrencies is skyrocketing in Argentina as local residents look for new ways to offset inflation, global news agency AFP News reported today. The post Argentinians are flocking to Bitcoin (BTC) amid inflation, economic decline appeared first on CryptoSlate.
2021-5-5 07:00 | |
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A renowned Bitcoin developer and proponent Jimmy Song says the rising interest in Bitcoin is driven by Government-induced inflation. He said this in reaction to the recent news of a proposed tax increase by the Biden administration.
2021-4-24 23:16 | |
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Toward the ending of 2020, financial experts predicted that the adoption of cryptocurrencies by the mainstream would evolve, evidenced by the surge in price and acceptance of Bitcoin as an inflation hedge.
2021-4-21 01:00 | |
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Gold could see come competition from Bitcoin as a hedge against inflation risk.
2021-2-1 14:00 | |
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Since 2010, inflation has turned $1 into 84 cents while $1 invested in Bitcoin would be worth $274,000.
2020-10-2 03:30 | |
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Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation. ” While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children.
2020-9-15 20:30 | |
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Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.
2020-8-27 17:22 | |
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Bitcoin is slowly permeating the institutional space as we saw this month the billionaire investor Paul Tudor Jones investing almost 2% of his assets in Bitcoin and called it an inflation hedge. Just a few days before the bitcoin halving, he shared his belief that bitcoin will play a “growing role” in the “The Great […]
2020-5-24 22:04 | |
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Bitcoin's performance has dragged many of the traditional markets' prominent traders and speculators to the crypto-market. Bitcoin's growth is evidence of that, with the world's largest cryptocurrencyThe post Can Bitcoin be viewed as a call option on inflation? appeared first on AMBCrypto.
2020-5-20 11:00 | |
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The story behind the soundbite: why one of the world’s most famous investors is betting on bitcoin as a hedge against a new inflation era.
2020-5-12 22:00 | |
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Mati Greenspan, Founder of Quantum Economics and a cryptocurrency trader and analyst stated in a tweet that in just 15 days from April 26, the annual inflation of Bitcoin would go from 3. 65% to just 1.
2020-4-28 01:52 | |
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After the halving event, Bitcoin will enjoy an inflation rate much smaller than the world average for fiat currencies. Could Bitcoin’s drop in annual inflation create an increase in demand? After its halving event, the leading cryptocurrency will be much scarcer.
2020-4-27 05:15 | |
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The number of Venezuelan Bolivars that were exchanged for Bitcoin last week hit a new all-time high as the International Monetary Fund (IMF) projected that Venezuela will experience the world’s highest inflation rate in 2019.
2019-8-5 15:09 | |
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Bitcoin (BTC) continues to be in a bear market but it does not mean that its fundamentals are also weakening. Indeed, Bitcoin’s features besides its price continue to expand as time passes. Bitcoin can be used as a hedge against inflation in many countries such as Venezuela, additionally, it is also possible to think of […]
2019-2-13 20:00 | |
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Bitcoin (BTC) may have lost over 80% of its value over the past 13 months, but many have argued that its underlying value proposition has only become more and more apparent. Hasu and Three Arrows’ Su Zhu, two crypto researchers, touched on the subject matter on Tuesday, when they released a collaborative blog post outlining.
2019-2-13 03:00 | |
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The countdown has been ticking for some time now and it is currently 471 days until the Bitcoin block reward halves. This milestone in the evolution of the world’s most popular digital currency will also make it far less inflationary than most of the current central bank’s targets.
2019-2-8 12:00 | |
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The recent actions of the US president shutting down his government because he didn’t get his way would make anybody question its responsibility. The economic damage has yet to be accounted for but it will not be a small figure.
2019-2-8 08:51 | |
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