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Inflation
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
In a year of mostly bad news on inflation, the government's Wednesday report gave some hope that Fed rate cuts might still be on the table.

Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event
The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.

Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.

Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets, cryptos included.

What Is Bitcoin Meant to Hedge?
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print
Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC was up 1%.

U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.

Bitcoin Breakout Halts as U.S. Inflation Data Looms
The Bureau of Labor Statistics is set to release March 2024 CPI data Wednesday at 8:30 a.m. ET (12:30 UTC).

Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
