2024-4-11 00:00 |
Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%. origin »
|
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
2024-4-11 15:36 | |
|
|
Bitcoin is bracing for the release of the September US Consumer Price Index (CPI) on Oct. 24, the first major data point since the federal shutdown began. Analysts at The Kobeissi Letter emphasized the importance of this update, noting that it will be the first CPI release on a Friday since January 2018 and comes […] The post Bitcoin awaits critical US CPI data for jump over $120,000 or decline to $100,000 appeared first on CryptoSlate.
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
Bitcoin retreats from its $72,000 high as investors eye the US CPI report, which could influence the Fed's interest rate decisions.
CPI joins macro data coming in higher than predicted, something not conducive to BTC price upside, Bitcoin analysts continue to imply.
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.
Bitcoin (BTC) soared by over 5% on Tuesday to trade above $26,000 for the first time this week. A major contributor to this price rise was an increase in positive sentiment around the token as a result of Franklin Templeton, a $1.
