Tag: u.s. inflation data

Aug 10 2022

Breaking: BTC, ETH Skyrockets As Inflation Data Shows Cooling Economy

U.S. Bureau of Labor Statistics Consumer Price Index (CPI) issued the most awaited Consumer Price Index (CPI) data for the month of July. The price that customers pay for goods and services rose 8.5% in July from a year...

Jun 10 2022

Bitcoin (BTC) Slips In Minutes After Steaming-Hot U.S. Inflation

Bitcoin (BTC) slipped on Friday after U.S. CPI data showed inflation was nowhere near cooling. BTC fell 1.5% in minutes after the reading, which showed that the U.S. consumer price index (CPI) expanded in May, in contrast to...

Can Bitcoin (BTC) Crash To $15K After U.S. Inflation Data Today?

U.S. inflation data due later on Friday is expected to send ripples across markets, and could possibly break Bitcoin (BTC) out of its narrow trading range. Bitcoin (BTC) is trading around $30,000- a level it has flitted around for over a...

Jan 13 2022

U.S. Inflation Numbers In Line With Expectations, Bitcoin (BTC) Continues to Trade Above $43,500

On Wednesday, January 12, the United States has reported the highest inflation at 7% in over four decades since 1982. Well, this doesn't seem to have a greater impact on the Bitcoin price as it continues to trade above $43,500 moving further away from the death cross. As of press time, Bitcoin is trading 2.45% The post U.S. Inflation Numbers In Line With...

Jul 14 2021

Rising U.S. Inflation Puts Additional Pressure On Crypto Market

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...

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