Tag: cpi

A contrarian take on the current market structure suggesting that the bitcoin bottom is near and the Federal Reserve will reverse its hawkish course.Watch This Video On YouTube or...

CPI inflation data exceeded market expectations, maintaining a near 40-year high of 8.3% as bitcoin falls below its $30,000 line of support.U.S. inflation maintains a near 40-year high with a 8.3% CPI increase. Bitcoin has fallen below its $30,000 line of support as inflation exceeds expectations. Fuel prices show the highest 12-month adjusted inflation ending in April at over 80%....

According to data released today by the U.S. Bureau of Labor Statistics, April's year-on-year consumer price index has fallen to 8.3%, 20 basis points lower than the 41-year-high inflation rate...

Data analyzed by the Turkish Statistical Institute shows hyperinflation reaching as high as 105% for transportation costs as the Lira continues to diminish.Turkey released data analyzed by the Turkish Statistical Institute showing 70% CPI annual inflation. Transportation costs suffered the highest annual increase with 105% inflation. The month-over-month data shows a CPI increase of...

The Consumer Price Index hit an elevated rate of 8.5%. The addressable market for an immutable asset like bitcoin with its limited supply is above $100 trillion.The below is from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

A coming liquidity crisis in legacy markets could have negative impact on bitcoin price.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now...

If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate. The question is if Fed's measures will be enough to push back inflation to normal levels? According to a blogpost from analysts Bitmex Research, Fed’s actions will have a...

If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate. The question is if Fed's measures will be enough to push back inflation to normal levels? According to a...

The U.S. inflation rate year-over-year, or the Consumer Price Index for All Urban Consumers (CPI-U) to be precise, increased 0.6% in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics...

Bitcoin touched $69,000 today as inflation data showed the highest annual jump in CPI since 1990.Bitcoin hit a new record high today, touching $69,000 for the first time as inflation data from the U.S. Department of Labor showed the highest annual jump in consumer prices since 1990. The consumer price...

The overall cryptocurrency market continues to trade under pressure with Bitcoin (BTC) and Ethereum (ETH) dropping below their crucial support levels. The crypto market came under pressure on Tuesday, July 13, as the U.S. Labor Department released the inflation data for June 2021. The Consumer Price Index (CPI) surged 5.4% in comparison to the last The post Rising U.S. Inflation Puts Additional Pressure...

June 11, 2021 / Unchained Daily / Laura Shin Daily Bits...

Key Bitcoin Takeaways Bitcoin flirts with $60,000 for a breakout move. The cryptocurrency is trending inside a classically bullish 'Ascending Triangle' pattern. Coinbase's listing on Nasdaq, US inflation data update this week promises further upside. Bitcoin has...