2023-3-14 17:33 |
Bitcoin bursts over $26,000 after the Consumer Price Index (CPI) comes at an expected rate of 6.0% Year-over-Year (YoY.) The post Bullish Bitcoin Hits $26,000 as Year-Over-Year CPI Comes in at 6.0% appeared first on BeInCrypto. origin »
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Analysts forecast a year-over-year increase of 6.5% in the United States Consumer Price Index (CPI) for December 2022 — with the Bureau of Labor Statistics’ official data releasing January 12 — but 2023 could bring some upside as investor Michael Burry expects CPI to move lower this year but warned that any subsequent pivot on interest […] The post Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call appeared first on CryptoSlate.
2023-1-12 23:35 | |
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The December Consumer Price Index (CPI) in the United States rose to 7. 0 percent year-over-year, according to the latest inflation report from the United States Labor Department’s Bureau of Labor Statistics (BLS) on Wednesday.
2022-1-13 22:30 | |
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Bitcoin markets remain cautious as President Trump stokes fears of a trade war with Canada, Mexico, and China. The markets are highly uncertain, partly because Trump has delayed tariffs, only to extend the pain for traditional traders.
Bitcoin traded slightly weaker on Wednesday, hovering around $81,867 at press time, up 0. 42% in the past 24 hours. This stabilization follows a volatile week where Bitcoin hit a four-month low of approximately $76,600 on March 11 before rebounding above $83,000.
Tokyo-based investment firm Metaplanet has doubled down on its aggressive Bitcoin accumulation strategy amid the crypto market bearishness, emulating the moves of Michael Saylor’s Strategy. Metaplanet Buys More Bitcoin Metaplanet announced the acquisition of 162 BTC for $13.
The state of Utah has passed its Bitcoin bill but has dropped the Bitcoin reserve plan. The approved bill protects mining, staking, and self-custody rights. The bill now awaits Governor Cox’s signature, after which it will become effective starting May 2025.
