Bitcoin (BTC) reacted sharply to today’s hotter-than-expected US Consumer Price Index (CPI) report, dropping from around $96,600 to as low as $94,088. Notably, BTC was already trending downward due to escalating geopolitical tensions following Donald Trump’s proposed tariffs on all aluminum and steel imports.
How will inflation, strong jobs data, and rising Treasury yields shape the Fed’s upcoming rate decision? The Federal Reserve’s Jan. 29 meeting looms large as markets eagerly await clarity on interest rate policy.
Argentine President Javier Milei has officially dismissed Florencia Mizrahi, the head of the country’s tax office, in a momentous political move that has sparked national and worldwide interest.
The cryptocurrency market shows signs of an incoming correction hours before the U. S. Consumer Price Index report is released. The global crypto market capitalization declined 3. 3% in the past 24 hours, sitting at $2.
Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin’s potential to protect wealth against inflation. Srinivasan claimed that Bitcoin (BTC) serves as a shield against what he describes as the gradual…