Bitcoin price slips from $58K as US PPI, jobless claims surprise

Bitcoin faces a struggle for support into the Wall Street open as US macro data piles in thick and fast.

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Bitcoin price tracks $68K as ‘chicken’ crypto market shrugs off US PPI

Bitcoin and altcoins are unmoved by a significant inflation slowdown shown in the latest U.S. macro data.

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Is Solana 'overdue' a price correction? - Exec's prediction after altcoins crash

Following the release of the U.S. Producer Price Index (PPI) inflation report on 14th March, the cryptocurrency market, led by Bitcoin [BTC], witnessed a notable downturn. Bitcoin, the pioneering The post Is Solana 'overdue' a price correction? - Exec's prediction after altcoins crash appeared first on AMBCrypto.

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Bitcoin price holds steady following surprising US PPI uptick, eyes on upcoming CPI data

Quick Take Bitcoin is currently treading water around the $27,000 mark, reflecting a modest 1% decrease following the release of a higher-than-anticipated U. S. Producer Price Index (PPI) year-on-year (YOY) result of 2.

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Will This Week’s Busy Economic Calendar Move Crypto Markets? 

This week's economic events, including the release of core PPI inflation figures, Federal Reserve's meeting minutes, and Consumer Price Index, along with geopolitical tensions, may impact the crypto markets.

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Federal Reserve’s 2024 plans could create headwinds for Bitcoin

Quick Take The market anticipates continuity in the Federal Reserve’s pause for the remainder of the year, as suggested by current trends. The resurgence of Consumer Price Index (CPI) and Producer Price Index (PPI) inflation rates has activated a reevaluation of these expectations.

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Fed faces challenge as surging PPI at 0.3% surpasses predictions

Quick Take Recent financial data suggests a growing concern for the Fed as key inflation indicators show unfavorable trends. The Producer Price Index (PPI) — a prime measure of inflation — exhibited an unexpected increase for the first time in three months.

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Major Week Ahead For Bitcoin And Crypto: 3 Must-Watch Events

For the Bitcoin and crypto market, the upcoming week promises to be a pivotal one. While the US Consumer Price Index (CPI), Jobless Claims, Producer Price Index (PPI) and Michigan Consumer Sentiment are all on the horizon, three events stand out as particularly: the July release of the CPI and PPI data, as well as […]

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Why Is Bitcoin Price Up Today?

The Bitcoin price tagged a new yearly high yesterday at $31,840, leaving market participants wondering about the driving forces behind this bullish momentum. The Power of Economic Indicators One of the crucial factors contributing to Bitcoin’s upward trajectory was the release of the United States Producer Price Index (PPI) data.

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Bitcoin double top 'invalidated' amid fear CPI may fuel macro comedown

Feelings over BTC price action diverge across short and long timeframes as the upcoming CPI and PPI prints unsettle the mood.

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Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

BTC price attempts to break toward the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls.

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With Price Index Higher Than Expected, Could the Fed Keep Foot on the Gas?

This past month’s Producer Price Index (PPI) in the US came in slightly higher than expected, edging markets down slightly. The post With Price Index Higher Than Expected, Could the Fed Keep Foot on the Gas? appeared first on BeInCrypto.

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BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts

Bitcoin begins to deal with fresh U.S. macro cues as BTC price steadily holds $17,000 support.

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Crypto Surges After Lower PPI Numbers, But 2023 Recession Still Likely

The U.S. Producer Price Index (PPI) rose 0.2% between Sep. and Oct. 2022, beating analysts’ expectations of 0.4%. The post Crypto Surges After Lower PPI Numbers, But 2023 Recession Still Likely appeared first on BeInCrypto.

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Crypto Responds Cautiously to Lower U.S. Producer Price Index (PPI) Numbers

Equities and crypto are bouncing as the U. S. Bureau of Labor Statistics released its new PPI report that holds promise for riskier assets. The post Crypto Responds Cautiously to Lower U.

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Macro Market Impact: Bitcoin, Stocks, Gold, and USD Reacts Ahead of FOMC Meeting

While PPI, just like the consumer price index, had its historical increase, retail sales figures actually fell in May, indicating the economy isn’t that hot. Markets are eagerly awaiting Fed chair Jerome Powell’s post-meeting news conference to decide where to next.

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Prices Jump By The Highest Percentage in a Decade

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China's CPI Inflation Rises in August as Trade War Ravages Producer Prices

China's consumer price index (CPI) rose above trend in August, fueled by a continued surge in food costs and weather-related supply shortages. Factory-gate prices, expressed by the producer price index (PPI), told a completely different story.

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