Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data
The selloff in stocks and cryptocurrencies could mean Donald Trump’s inauguration will less likely be a sell the news event, K33 Research said.
CPI
U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
U.S. September CPI Disappoints, Rising a Faster Than Expected 0.2%
U.S. inflation data for September was released Thursday morning (Frank van Hulst/Unsplash)
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.
U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
U.S. CPI Rose 0.2% in July, Matching Expectations
The U.S. CPI for July was released on Wednesday (Maria Lin Kim/Unsplash)
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
The government inflation report for June was released Thursday morning (Maria Lin Kim/Unsplash)
U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.
Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for ‘Wild Wednesday’ of FOMC, CPI Report
Tomorrow’s Fed “dot plot” of interest rate projection and forward guidance by Chairman Powell will be key for what’s next for the digital asset market, K33 Research said.