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Inflation
Bitcoin on the Rise Following Partial Pullback of Russian Troops
Bitcoin is rising with global markets following the partial pullback of Russian troops along the Ukraine border. Still, the rally is occurring on low volume. Meanwhile, new economic data shows another sign of runaway inflation. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Market Wrap: Bitcoin Price Jump Fades After US Inflation Spike
Buyers failed to sustain a brief recovery in BTC, while altcoins underperformed.
US Inflation Hits New 4-Decade High of 7.5% in January
The Consumer Price Index (CPI) data for January released Thursday revealed prices have climbed 7.5% over the past year, the fastest pace since 1982. "The Hash" panel discusses the report and what this means for bitcoin as a potential hedge against inflation.
US Inflation Hits New 4-Decade High of 7.5% in January
Bitcoin traders keep track of the inflation rate because some think of the cryptocurrency as an inflation hedge, and the Federal Reserve's expected response to economic conditions often dictates market direction.
BofA Says Bitcoin Trades More as Risk Asset, Less as Inflation Hedge
The cryptocurrency’s volatility remains elevated relative to stock indices.
US Jobs Report Shows Gain of 467,000 in January, Exceeding Expectations
Bitcoin traded slightly lower after the report, as the number keeps pressure on Fed to tighten.
Market Wrap: Bitcoin Range-Bound as Altcoins Underperform
Choppy trading conditions may reflect uncertainty among investors.
Fed's Hawkish Pivot May Not Last, Bitcoin Analysts Say
The Fed might not act as decisively in tightening monetary policy if financial stability concerns start to outweigh the risk of fast inflation.
