Inflation
Bitcoin Rebounds Above $22K After Tepid Inflation Readings
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.
Bitcoin Trades Sideways After Inflation Comes in Slightly Hot
Bitcoin (BTC) is trading mostly flat after the Consumer Price Index (CPI) rose 0.5 percent in January on a seasonally adjusted basis. On a year-over-year basis, however, inflation was running somewhat hotter than expected, coming in at a 6.4% pace in January versus 6.5% in December and against predictions for 6.2%. MarketVector Indexes Digital Asset Product Strategist Martin Leinweber shares his analysis.
Bitcoin Dips After US Inflation Comes in Slightly Hot
The report suggests the Fed will need to continue tightening monetary policy.
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.
Bitcoin's 'Golden Cross' Explained
This much talked about technical indicator has value, yet doesn’t tell the whole story.
Bitcoin Rises to $23.3K as Jerome Powell Repeats 'Disinflationary Process' Comment
The Fed chair spoke days after the central bank last hiked interest rates.
‘Disinflation’ Trends Will Soon ‘Hit a Brick Wall’: Oanda’s Edward Moya
However, the senior market analyst told CoinDesk TV investors should price in at least one to two more interest rate hikes.
'Disinflationary' Trends Will Soon Hit a Wall: Analyst
"It's going to be very hard to get to 2% [inflation]," OANDA Senior Market Analyst Edward Moya said, reacting to the U.S. Federal Reserve's latest interest rate hike and Chair Jerome Powell's comments that "disinflation" has started. Plus, he shares insights on how traders are reacting to the "hot" labor market.
Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative
The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.
