Fresh from the Trading Room: Let the Rotation Begin

In the latest report, Inspirante Trading Solutions explores the fundamental and technical drivers of market rotation from tech dominance into small caps, following CPI data for June.

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Bitcoin surges above $69k after better-than-expected US CPI

Bitcoin’s price has soared past $69,000 after the latest US Consumer Price Index (CPI) for May showed a slight decline. Available data shows that the much-anticipated US CPI inflation data was better than several experts’ predictions.

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Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?

According to data from CoinMarketCap, Bitcoin rose by 2. 9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data.

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QCP Capital Sees Bitcoin Reclaiming $74K Highs – Here’s Why BTC Could Continue Its Rally

QCP Capital, a prominent institutional-focused firm, has recently projected that Bitcoin could revisit its peak price levels, potentially reaching up to $74,000 shortly. This prediction follows the latest United States Consumer Price Index (CPI) data, which has significantly boosted risk assets.

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Algotech gains as Bitcoin spikes towards $64k on latest CPI report

Bitcoin price rose to near $64,000 as stock futures climbed. The upside came after US inflation data showed consumer prices rose less than expected in April. Algotech, a new crypto trading project, continued to attract investors as its presale crossed $4.

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A closer look at Ethereum's market moves post CPI report

Inflation has increased by 3. 5%. Ethereum has seen over 2% increase in the last 24 hours. Ethereum [ETH] experienced a positive response following the release of the latest CPI report.

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UNI falls after SEC’s Wells notice; BTC bounce lifts KangaMoon (KANG)

Uniswap (UNI) has declined double-digits following news of a Wells notice from the US Securities and Exchange Commission (SEC). Bitcoin price, which dropped below $69k ahead of and immediately after the latest CPI data release, has bounced to near $71k, lifting some of the top altcoins.

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Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts

The latest US inflation data significantly impacted the Bitcoin price and most of the cryptocurrency market, with some exceptions. According to a report from the Labor Department, inflation rose more than expected in January, driven by higher shelter prices.

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Bitcoin stays its course below $27,000 despite wavering U.S inflation

Quick Take The latest U. S. Consumer Price Index (CPI) data reflects a nuanced picture, with Month-over-Month figures surpassing the consensus by 0. 1%. The numbers portray a subtly mixed economic landscape with a year-over-year inflation rate slightly surpassing consensus figures at 3.

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U.S. September CPI Rises 0.4%, Outpacing Forecasts; Bitcoin Slips Further

The latest read on U.S. inflation

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VeChain, Toncoin, Compound, Maker prices rise as US CPI spikes

Altcoins like Toncoin, Compound, Maker, and Hedera Hashgraph jumped on Wednesday. The US published strong consumer inflation data as the CPI soared to 3. 7%. Cryptocurrency prices reacted differently to the latest US consumer inflation data.

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Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing

The U.S. government on Wednesday morning will release its latest official inflation data.

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Bitcoin (BTC) Investors Pull Out $175 Million Post CPI Report: What’s Next?

Initial market reactions to the latest CPI report have sent BTC prices spiraling toward $29,000.  On-chain data examines the likelihood of an early price rebound. The post Bitcoin (BTC) Investors Pull Out $175 Million Post CPI Report: What’s Next? appeared first on BeInCrypto.

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Deciphering the latest CPI data causing a conundrum for Powell

Quick Take The most recent U. S. Consumer Price Index (CPI) data unveils a clear reacceleration in headline inflation, marking a first in over a year. As per data from SuperMacro, the ‘super-core’ measure – essentially inflation excluding core services and shelter – has edged up to 4% from the previous 3.

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Bitcoin hugs $29.5K into CPI as odds split over new US inflation spike

Bitcoin looks set to benefit little from the latest CPI figures, analysts warn, with fresh BTC price losses firmly on the cards.

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First Mover Americas: Bitcoin Flirts With $30K as Traders Await CPI

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin Disappoints Traders Following CPI Data

Bitcoin showed disappointing response to latest CPI data, which revealed slower inflation growth than anticipated

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CPI Data For June Is A Bullish Surprise For Bitcoin And Crypto

The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surprising cooling in inflation, which has ignited hopes of a positive outlook.

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U.S. CPI Inflation Slows to 0.1% in May; Bitcoin Rises

The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.

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U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises

The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.

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US inflation falling, bitcoin remains in range around $30k

Hours after the United States BLS released the latest CPI data for March 2023, bitcoin (BTC) prices remain subdued and tethered around the $30,000 mark

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Bitcoin hits $26K as investors react to latest CPI data

Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. US inflation data showed CPI rose 6% in the past 12 months in February. On-chain data suggests BTC price could rally to $30,000 in the short term.

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First Mover Americas: Crypto Markets Primed for Soft CPI

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains

Key Takeaways Bitcoin has increased for eight straight days, now up 9.2% on the year Period of low volatility in the crypto markets paired with softer inflation data has sent prices upward Latest CPI report is out Thursday which will trigger volatility and is vitally important for the market following increased optimism over last month […] The post What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains appeared first on CoinJournal.

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Inflation Expected to Tick Down in Latest CPI Report

FactSet estimates that the CPI will drop to 8%, but whether the decline is enough to encourage the Federal Reserve to ratchet back its monetary hawkishness remains unclear.

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Bitcoin Parries Full-Blown CPI Onslaught, Recovers Above $19,000 Level

Bitcoin bucked its shaky initial reaction to the latest Consumer Price Index (CPI) report released on Thursday, rebounding right away after an expected price decline. Bitcoin nears $20K mark after the CPI report was released Inflation in U.

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Gold down as Senior ETF analyst sees ‘nowhere to hide’

The latest market news is dominated by today’s investor reaction to the inflation readings out of the United States. The hot CPI data saw asset classes bleed, including stocks, bond ETFs and gold.

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First Mover Americas: Bitcoin Falls to $18.1K After CPI Data

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin In Demand: Investors Haven’t Stopped Buying BTC Despite Crypto Market Doubt

The latest Bitcoin dilemma, which began on September 13 when the US Federal Reserve announced the CPI report, has left retail investors in a disadvantaged position. The recent announcement that the Fed interest rate has been raised by 75 basis points has also impacted the market.

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First Mover Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected

The latest price moves in bitcoin (BTC) and crypto markets in context for August 10, 2022.

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Crypto shines in spite of dire macro conditions

The recent market recovery has caught most by surprise, mainly because macro conditions have certainly not improved, most notoriously with the latest CPI data at 9. 1% year over year – much higher than expected.

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Top 3 Metaverse Crypto Coins Below $14 Million Market Cap to Watch in July 2022

With the latest release of CPI data, inflation is rising, and crypto markets continue to face mounting bearish pressure. While some traders might take the short-term selloff as negative news, for long-term investors, the decreasing prices for digital assets spell an increase in opportunity to Dollar-Cost Average and purchase underrated projects at undervalued prices.

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First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected

The latest price moves in bitcoin (BTC) and crypto markets in context for July 13, 2022.

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Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6%

Bitcoin’s (BTC) price sank following the latest United States Consumer Price Index (CPI) release, which showed that the index had hit 8.6% — its highest level in 40-years. The post Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6% appeared first on CryptoSlate.

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First Mover Americas: Crypto Traders Eye US CPI Report, Monero Shines

The latest moves in crypto markets in context for April 12, 2022.

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First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI

The latest moves in crypto markets in context for April 8, 2022.

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Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates

Bitcoin sees competition from commodities after failing to put in lasting gains from the latest U.S. inflation news.

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Bitcoin returns to $42K as markets await potential 7.9% CPI inflation data

The run-up to the latest snapshot of just how bad U.S. inflation is seeing Bitcoin breakthrough range low resistance.

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Demand For Bitcoin, Ether Increases As U.S. Inflation Rate Accelerates To A 40-Year High

The increasing inflation in the US continues to push serious concerns. According to the latest data, the Consumer Price Index (CPI) has reached the level of 7. 5% per year, indicating the highest inflation rate since February 1982.

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‘Hundreds Of Billions, If Not Trillions’ Set To Flow Into Bitcoin As US Inflation Hits 7% For First Time In Nearly 40 Years

U. S inflation rate just hit 7% — the highest in 40 years. The latest Consumer Price Index (CPI) report spurred a >3% and 4. 5% rebound in price value for Bitcoin and Ethereum, moving their unit value above to $43,000 and $3,300.

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US inflation rate hit 7% in December, four decade high

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.

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Bitcoin Dives as Inflation Jumps to a Four Decade High

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The Fed Taper, CPI And Bitcoin

This episode of "Fed Watch" covered the global macroeconomic latest, Fed taper and, of course, Bitcoin.

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Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century

It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report.

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Here’s how crypto serves as a ‘primary hedge’ against inflation

 Matt Hougan, CIO at Bitwise Asset Management, discussed in a CNBC interview about the use of cryptocurrencies as a hedge against inflation.   Per the latest data released by the Bureau of Labor Statistics yesterday, the consumer price index (CPI), increased by 4.

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