Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate. дальше »

337 +

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%. дальше »

198 +

Bank of America Says “Don’t Sell” Despite CPI Report: Crypto Impact

Bank of America advises investors not to sell before May's CPI report, highlighting persistent inflation and increased institutional interest in Bitcoin. The post Bank of America Says “Don’t Sell” Despite CPI Report: Crypto Impact appeared first on BeInCrypto. дальше »

262 +

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. дальше »

370 +

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. дальше »

374 +

CPI jumps 3.5%: What it means for your Bitcoin and money

US inflation data was hotter than expected, triggering a temporary market slump. Bitwise CIO claimed that US CPI data has less impact on BTC price action.   A temporary bloodbath in the markThe post CPI jumps 3. дальше »

315 +

Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why

The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial market. Bitcoin and most crypto assets are trading lower, extending losses recorded on April 9, weighing negatively against optimists. дальше »

351 +

Bitcoin shrugs off CPI results and reclaims the $70,000 price level

Bitcoin remains unfazed after CPI numbers came above the expected, and might see interests from investors in the long term. дальше »

309 +

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%. дальше »

295 +

Bitcoin Trudges Below $69,000 As Traders Nervously Await U.S. Inflation Data

297 +

Bitcoin (BTC) Price Plunging After Crucial CPI Data

A June rate cut now appears to be extremely unlikely дальше »

207 +

U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y

Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024. дальше »

210 +

Why is crypto down today? CPI anticipations may be one factor

The crypto ecosystem witnessed bearish sentiment ahead of the U.S. Consumer and Price Index (CPI) report while stocks closed a green day. According to data provided by CoinGecko, the global crypto market cap declined by 2.1% in the past 24… дальше »

279 +

Bitcoin Retreats Amid ETF Outflows, Market Awaits CPI Report

Bitcoin price retreats to $68,000, spot ETFs see outflows. Market awaits key CPI data release. The post Bitcoin Retreats Amid ETF Outflows, Market Awaits CPI Report appeared first on BeInCrypto. дальше »

351 +

Bitcoin Falls Below $69K Ahead of U.S. CPI; Cardano, Dogecoin Lead Losses in Altcoins

One analyst said profit taking by long-term holders spiked meaningfully into the $73,000 level and has cooled down in recent weeks, supporting a bullish bias in the future. дальше »

189 +

Bitcoin retreats from $72,000 ahead of US CPI report

Bitcoin retreats from its $72,000 high as investors eye the US CPI report, which could influence the Fed's interest rate decisions. дальше »

189 +

FTSE 100’s illusion of growth unmasked by currency and inflation adjustments

Quick Take When assessing the performance of assets or currencies, it is essential to consider both nominal and real returns, the latter of which accounts for inflation. Inflation can be gauged through different metrics, such as the consumer price index (CPI) or indicators related to the money supply (e. дальше »

366 +

U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February

Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed's willingness to begin cutting rates. дальше »

248 +

Ethereum's in demand - How U.S investors are having their say

ETH’s Coinbase Premium Index is at its highest in 12 months. The coin’s Chaikin Money Flow suggests a steady supply of market liquidity.   Ethereum’s [ETH] Coinbase Premium Index (CPI)The post Ethereum's in demand - How U. дальше »

299 +

Bitcoin market cap drops below $1 trillion as price retreats under $51k

Bitcoin’s price retreated below $51,000 to retest critical support levels on Feb. 17 despite holding strong after stronger-than-expected CPI data over the past few days. The flagship crypto was trading at $50,856 as of press time after touching a low of $50,625. дальше »

327 +

Bitcoin: How a higher-than-expected CPI could affect BTC

The CPI came out at 3.1%, triggering a price decrease for Bitcoin. If interest rates remain unchanged by March, BTC might fall below $50,000 again. The Consumer Price Index (CPI) reading relThe post Bitcoin: How a higher-than-expected CPI could affect BTC appeared first on AMBCrypto. дальше »

333 +

Bitcoin Price Breaks Past $51,500: 4 Key Reasons

On Tuesday, the Bitcoin price plunged from $49,900 to $48,300 following the release of the US inflation data. As NewsBTC reported, the data came in hotter than expected. Instead of 2. 9%, headline CPI came in at 3. дальше »

328 +

Crypto market, Bitcoin go bearish following US CPI report

The global crypto market and the leading cryptocurrency, Bitcoin (BTC), registered a slight decline as the U.S. Consumer Price Index (CPI) data exceeded expectations. According to data from the CME Group, the CPI annual rate dropped from 3.4% to 3.1%… дальше »

290 +

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. дальше »

305 +

Will Bitcoin Drop to $40,000 After Higher Than Expected CPI?

Unexpected US inflation data has led to a $60 billion loss in cryptocurrency market capitalization, cooling expectations for a Federal Reserve rate cut and causing Bitcoin to fall below $50,000. The post Will Bitcoin Drop to $40,000 After Higher Than Expected CPI? appeared first on BeInCrypto. дальше »

383 +

BTC, gold retreat as US stocks plummet after hot CPI

Bitcoin fell more than 2% on Tuesday as US stocks dipped following hotter-than-expected inflation data. BTC price traded to lows of $48,500 as it pared gains recorded when it raced to above $50,000 on Monday. дальше »

930 +

Bitcoin retreats below $49k as CPI release dashes hope of rate cuts

Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data. дальше »

305 +

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto. дальше »

227 +