Inflation


Finance

Bitcoin’s Up, Gold’s Down, the Euro Is Dragging – and It’s All Inexorably Tied

Bitcoin the inflation hedge; the prodigal child returns.

(Mike Kemp/Tetra Images/Getty)

Videos

Key Factors Moving Crypto Markets This Week

As bitcoin's price recovers, CoinDesk Managing Editor of Technology Christie Harkin and Managing Editor of Markets Brad Keoun discuss this past week's top stories moving the crypto markets, including hotter-than-expected June inflation numbers, Mt. Gox's anticipated creditor payout and bitcoin mining hashrate dropping to new lows.

Recent Videos

Markets

Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.

BTC price plummeted 4.5% minutes after the CPI was released but has since recovered to Tuesday levels.

Videos

Apifiny CEO: $15K a 'Good Level' for Bitcoin Bottom

Bitcoin dipped below $20,000 as inflation hit a new 40-year high. Apifiny founder & CEO Haohan Xu discusses his crypto markets analysis and outlook, saying ""$15,000 is a good level"" on bitcoin's potential bottom.

Recent Videos

Opinion

The Fed Can't Whip Inflation Alone

The source of high U.S. inflation is pretty clear, and it doesn't have much to do with the money supply.

U.S. President Joe Biden speaks about gas prices on June 22 in Washington. (Drew Angerer/Getty Images)

Markets

US Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls

The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July.

Small Shrinking Currency Dollar in Inflation  (iStock)

Markets

US CPI Preview: Inflation Likely to Climb to New 40-Year High

A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.

Inflation in the U.S. probably rose to another four-decade high in June. (Mediamodifier/Pixabay)