Inflation
Is Bitcoin a Risk-On or a Risk-Off Asset? Maybe It’s Neither
So, we have high inflation and everyone piled into bitcoin and its price shot up, right? Not quite…
Inflation Concerns Hit Investors, BTC Holds Below $40K
Crypto Finance AG Head of Trading Mike Schwitalla shares his insights on the current state of the crypto markets as bitcoin’s price once again trades below $40K. Schwitalla discusses reasons for cryptocurrency sell-offs, inflation weighing on investor sentiment, and options trading. Plus, a conversation about stablecoin projects like Tether and Luna.
Why an Argentinian Town Is Investing in Crypto Mining
The Argentinian town of Sorradino is preparing to buy a mining rig with Mayor Juan Pio Drovetta explaining that this is a community-supported initiative, and profits will be allocated to upgrade rail infrastructure. “The Hash” group discusses the global economic impact of inflation and how communities are finding alternative ways to raise needed funds.
Bitcoin Jumps Above $41K, Rising With Nasdaq, S&P
The largest cryptocurrency whipsaws around the $40,000 level as markets digest elevated U.S. inflation readings.
Medley Global Advisors Exec on BTC Price Outlook As CPI Jumps 8.5% in March
Medley Global Advisors’ Ben Emons discusses BTC price action as the Consumer Price Index (CPI) reaches a 40-year high of 8.5%. Emons explains bitcoin’s connection to inflation and the idea of “digital inflation,” noting the economic impact of rising gas prices.
Bitcoin Held by Funds Drops Over $240M Ahead of CPI Release
A ByteTree Chart shows the number of coins held by U.S. and Canadian closed-ended funds, and Canadian and European ETFs have dropped by almost 5,800 BTC, worth $243 million, ahead of the CPI release.
La inflación de EE. UU. marca un récord en cuatro décadas y alcanza 8,5 % en marzo
El Índice de Precios al Consumidor estadounidense se aceleró el mes pasado debido a problemas de suministro y las sanciones relacionadas con la guerra.
