Markets


Markets

First Mover Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected

The latest price moves in crypto markets in context for Aug. 10, 2022.

Bitcoin jumped to $23,500 Wednesday shortly after the release of the U.S. CPI for July. (Denny Luan/Unsplash)

Markets

La inflación interanual en EE. UU. se desacelera a 8,5% en julio y bitcoin sube

Los mercados cripto respondieron positivamente tras la ralentización de la inflación, eliminando algo de presión de la Reserva Federal a la hora de continuar con el aumento agresivo de las tasas de interés.

Small Shrinking Currency Dollar in Inflation  (iStock)

Markets

US Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps

Crypto markets responded favorably after the slower-than-expected reading, which takes pressure off the Federal Reserve to hike rates aggressively at the September meeting.

Small Shrinking Currency Dollar in Inflation  (iStock)

Markets

Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report

Global markets are awaiting the data release scheduled for Wednesday.

BTC fell 4%, retreating like the tide to under $23,000. (Tim Donnelly/Unsplash)

Markets

First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork

The latest price moves in crypto markets in context for Aug. 9, 2022.

The hot topic now is the upcoming Merge on the Ethereum network, and specifically, about the possibility of having a forked proof-of-work ETH and a proof-of-stake coin. (Riho Kroll/Unsplash)

Markets

Market Wrap: Bitcoin Climbs Above $24K

The cryptocurrency is largely tracking stocks.

BTC surpassed $24,000 as BTC funding rates signal bullish sentiment. (Christopher Burns/Unsplash)

Markets

Americans See Inflation Plunging Next Year, New York Fed Survey Finds

Respondents to the widely considered survey expect inflation to run at 6.2% in 2023, which is down 0.6% from last month’s survey.

(Source: New York Fed Survey of Consumer Expectations)

Markets

Market Wrap: Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later

The positive jobs report may lead to additional Federal Reserve monetary tightening.

Bitcoin has been grinding upward, currently trading near $23,000. (Chester Alvarez/Unsplash)

Markets

DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits

As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash.

With memories still fresh from this year's crypto market crash, the Voltz protocol is already looking for ways to let traders use leverage to take more risk. (Pixabay, modified by CoinDesk)

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