Bitcoin’s Up, Gold’s Down, the Euro Is Dragging – and It’s All Inexorably Tied
Bitcoin the inflation hedge; the prodigal child returns.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CKD3XINI4JDXTP3OY5FPLB3DB4.jpg)
Sponsored
Jul 17, 2022 at 2:50 p.m. UTC
Jul 17, 2022
consumer price-index
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CT7N4TV2M5ECREWKJTGA3E6VLQ.png)
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
Sponsored
Jul 13, 2022 at 9:04 p.m. UTC
Jul 13, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QPEP3JZP25DYXD4ZKZTHSGVWMA.jpg)
First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected
The latest price moves in crypto markets in context for July 13, 2022.
Sponsored
Jul 13, 2022 at 1:52 p.m. UTC
Jul 13, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TCPTTJ54WREAJEUNX6WNW2JXTE.jpg)
First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K
Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; ether plummets 17%.
Sponsored
Jun 14, 2022 at 12:43 a.m. UTC
Jun 14, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UMJKM5VKGFDOLDST4ZLDDU34ZM.jpg)
Inflation Unexpectedly Reaccelerated to 8.6% in May, Hitting a Fresh 4-Decade High
Bitcoin dipped about $500 on the news, trading around the $29,500 level in the minutes following the CPI report.
Sponsored
Jun 10, 2022 at 12:56 p.m. UTC
Jun 10, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IXV4JQIHU5CHFFETN33WCV6MNM.jpg)
Bitcoin Sees Weakness Ahead of CPI Report; Cardano, Solana Lead Fall in Major Cryptos
Crypto market capitalization fell 2.3% in the past 24 hours as bitcoin rose and then lost a pivotal support level at $30,000.
Sponsored
Jun 10, 2022 at 11:28 a.m. UTC
Jun 10, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RE2B5YWRURF55CB4JCRL43AKTQ.jpg)
First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI
The latest moves in crypto markets in context for April 8, 2022.
Sponsored
Apr 8, 2022 at 1:43 p.m. UTC
Apr 8, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/VS42W4JBJJFXJILF6CX7O6CP6M.jpeg)
A Censorship-Resistant Inflation Index Is Being Built on Chainlink
Truflation currently measures a 13.3% inflation rate, as opposed to the 7.9% measured by the Consumer Price Index in March.
Sponsored
Apr 8, 2022 at 12:30 p.m. UTC
Apr 8, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/F67ZZ55J2RC7JBSITXGTV3VZXU.jpg)
Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked
The consumer price index, due out tomorrow morning, is expected to show inflation in February ticked up to 8% versus a year ago, a fresh four-decade high.
Sponsored
Mar 9, 2022 at 10:22 p.m. UTC
Mar 9, 2022
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.
Sponsored
Feb 10, 2022 at 1:43 p.m. UTC
Feb 10, 2022