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Markets
Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains
BTC was holding at around $19,300, though traditional markets slid on Friday following the release of earnings reports from major banks.
Why Did Crypto Surge After Bad Inflation News?
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%
The latest price moves in crypto markets in context for Oct. 14, 2022.
Bitcoin Unlikely to See Notable Recovery After Thursday's Short Squeeze: Traders
Treasury yields remain elevated after the U.S. CPI, offering a reality check to risky assets, including cryptocurrencies.
Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely
The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down.
Bitcoin Rebounds to Over $19K After Plunge Triggered by Hot Inflation Report
BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21.
TrueFi's $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
Decentralized lending protocol TrueFi’s experience with loan default reveals its recourse for recovering bad debts: old-school solutions that can be time-sapping and costly, such as taking borrowers to court.
Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data
Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.
Bitcoin Sinks After US CPI Report Shows Inflation Hotter Than Expected
The "core" Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high.
