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Markets
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.
First Mover Americas: Bitcoin Falls to $18.1K After CPI Data
The latest price moves in crypto markets in context for Oct. 13, 2022.
Ether Exits Triangular Price Consolidation With 4% Drop
Softer-than-expected U.S. inflation data is needed to save the day for ether bulls.
Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token
The Huobi token rose to a four-month high of $7.60 early Thursday.
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets.
Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading
Thursday’s Consumer Price Index is widely expected to show inflation still above 8%.
Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data
BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.
