Iran war oil-price shock revives inflation trade and a new stablecoin play
As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who’s USDi token aims to fix that.
Inflation
Bitcoin gains after core CPI rose a less-than-forecast 0.2% in March.
Headline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war.
Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.
U.S. Consumer Sentiment Craters in First Post-Tariff Read, but Crypto Is Holding Up
Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
Crypto Rally Doesn’t Hold After Soft Inflation Data
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
U.S. inflation is ‘breaking out like a meme coin’; Here’s what it means for stocks
Although the United States’ December jobs data surpassed expectations, analysts are warning that the metrics could signal a potential spike … Continue reading
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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.
Paul Tudor Jones: ‘All Roads Lead to Inflation;’ He’s Long Bitcoin and Gold
The U.S. government’s debt and deficit issues aren’t going anywhere no matter who wins the presidency next month, said Jones.
Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory Onslaught on Crypto
Bitcoin price on 10/10 (CoinDesk)
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)