2024-4-26 17:27 |
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Bitcoin prices have hit a record high in Argentina due to rampant inflation and political uncertainty, with the cryptocurrency surging 188% since the start of 2021. The post Bitcoin Soars to All-Time High Against Argentina Peso as Presidential Race Heats Up appeared first on BeInCrypto.
2023-8-14 10:34 | |
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Ever since its status as the global reserve currency was cemented at the Bretton-Woods conference in the latter stages of World War II, the US dollar has ruled all before it. Last year, as economies around the globe reeled from an inflation crisis not felt since the 1970s, the greenback hit a 20-year high.
2023-8-9 18:54 | |
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Bitcoin forms a possible pennant formation ahead of the US inflation report The disinflationary process in the US is set to continue If the dollar takes a hit, Bitcoin may rise above horizontal resistance Summer trading is usually slow and tricky.
2023-7-11 14:35 | |
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Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. US inflation data showed CPI rose 6% in the past 12 months in February. On-chain data suggests BTC price could rally to $30,000 in the short term.
2023-3-15 17:18 | |
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Investors celebrated the latest inflation report from the United States, which came in below market expectations. The post Bitcoin and Ethereum Hit Monthly High Following Low Inflation Figures appeared first on BeInCrypto.
2022-12-14 20:00 | |
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Ethereum [ETH] staking rewards have not been something to look forward to despite the 6% increase since the Merge. According to a recent Messari tweet, ETH inflation had fallen to almost zero, which hThe post Ethereum staking rewards hit an all time low but there may be a solution in sight appeared first on AMBCrypto.
2022-10-24 02:30 | |
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The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom.
2022-10-19 18:15 | |
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Bitcoin’s price took a downward slide after the release of September’s inflation figures. US stocks retake the hit as BTC continues trading in line with the Dow Jones. Bitcoin drags the rest of the market with it as macroeconomic conditions grow bleaker every month.
2022-10-17 23:26 | |
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Following the release of the September Inflation Report Data that showed that the consumer price index (CPI) rose 8.2% in September on a 12-month basis, the cryptocurrency market was hit momentarily bThe post Bitcoin: A tale of how naysayers were plunged into losses in last 24 hours appeared first on AMBCrypto.
2022-10-15 18:30 | |
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U.S. core CPI hit a 40-year high in September, while all-items inflation exceeded expectations at 8.2%. Bitcoin fell to $18,100.
2022-10-14 18:08 | |
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XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-estimated figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
2022-10-1 14:25 | |
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XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-estimated figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
2022-9-30 14:25 | |
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Ethereum tumbled immediately after todays higher-than-expected Consumer Price Index print. Ethereum Hit by CPI Print Ethereum is in the home straight of its Merge to Proof-of-Stake, but traders are dumping...
2022-9-14 17:55 | |
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Bitcoin and Ethereum were hit hard as the inflation data dropped. U.S. Inflation Print Surpasses Expectations U.S. inflation has decreased for a second consecutive month. The Bureau of Labor Statistics...
2022-9-14 15:32 | |
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Bitcoin's mining industry has taken a severe hit in 2022. Given factors such as massive price corrections, inflation, etc., many miners have even exited the Bitcoin network. Why? Well, mainly to make The post Bitcoin [BTC]: These factors might initiate a reverse exodus for struggling miners appeared first on AMBCrypto.
2022-8-1 03:30 | |
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The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. NowThe post Ethereum: Reasons why ETH is highest gainer among top ten coins appeared first on AMBCrypto.
2022-7-28 15:30 | |
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With the economic mood darkening, the Fund sees inflation and a recession as major risks – but not crypto market turbulence
2022-7-27 16:00 | |
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Bitcoin’s (BTC) price has crashed under $20,000 following news that inflation in the United States has hit its highest point in 40 years. The post Bitcoin dips under $20K as US inflation rises over 9% appeared first on CryptoSlate.
2022-7-14 18:17 | |
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Turkey’s inflation rate has hit its highest level in 24 years, with the annual inflation rate now at 78. 62%. The Turkish Statistical Institute published the figure, with the monthly increase being 4.
2022-7-5 14:30 | |
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Cryptocurrencies have been hit very hard by US inflation data, the war in Ukraine… The post Highlights June 13: Dreadful day for crypto, Convex Finance drops 50% in a week appeared first on CoinJournal.
2022-6-13 11:31 | |
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The consumer price index data shows that the U.S. annual inflation rate has hit a fresh four-decade record of 8.6%. May CPI Prints at Four-Decade High of 8.6% U.S. inflation...
2022-6-10 17:54 | |
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There’s no doubt that the current market situation is terrifying. Altcoins saw significant sell-offs this week, and Bitcoin hit a new low last night of $26. 6k. The stock market continues its bearish momentum today as investors worry about inflation.
2022-5-14 18:10 | |
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Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind.
2022-3-9 16:56 | |
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Bitcoin dropped to an intraday low, pushing the rest of the crypto market lower
2022-2-10 17:07 | |
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U. S inflation rate just hit 7% — the highest in 40 years. The latest Consumer Price Index (CPI) report spurred a >3% and 4. 5% rebound in price value for Bitcoin and Ethereum, moving their unit value above to $43,000 and $3,300.
2022-1-14 12:36 | |
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The December Consumer Price Index (CPI) in the United States rose to 7. 0 percent year-over-year, according to the latest inflation report from the United States Labor Department’s Bureau of Labor Statistics (BLS) on Wednesday.
2022-1-13 22:30 | |
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The United States Consumer Price Index data shows that inflation hit 7% in December 2021, climbing 0.5% month over month. The price of Bitcoin reached nearly $44,000 upon the news.
2022-1-13 16:51 | |
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The inflation rate in the UK has risen 5. 1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.
2021-12-16 15:33 | |
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The inflation rate in the UK has risen 5. 1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.
2021-12-16 12:24 | |
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The Consumer Price Index (CPI) in the U.S. has hit a three-decade high. It is noteworthy that the U.S. Labor Department data pins the non-seasonal figure at 6.2% over the last 12 months. Source: tThe post As fear of inflation runs high, experts discuss its impact on Bitcoin appeared first on AMBCrypto.
2021-11-13 02:30 | |
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Markets are on the edge, torn in opposite directions by two big news events. Inflation hit 6.2% hitting earners and shoppers in their wallets. In response, Bitcoin was poised to smash through $69,420 before Evergrande headlines spoiled the party.
2021-11-11 03:00 | |
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Bitcoin has hit $50,000 yet again. The leading cryptocurrency went as high as $50,350 on Coinbase today, a level last seen on August 23rd and before that May 15. Confidence is returning in the second leg of the bull market as bitcoin recovered sharply from its July low of around $28k.
2021-9-2 17:52 | |
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Traditional billionaires may be storming the Bitcoin market anytime soon. As was recently observed, inflation in the United States has hit a 13 year high. Apparently, the surge in the price of cars has influenced this outcome.
2021-7-18 20:20 | |
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Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected.
2021-6-17 00:34 | |
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Bitcoin could hit $50,000 in the coming sessions as more and more institutions accumulate it against their fears of dollar-linked inflation.
2021-1-21 11:51 | |
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Both Bitcoin and gold will go higher, said billionaire Mike Novogratz, the chief executive officer at Galaxy Investment. Amidst the ongoing inflation expectations and other uncertainties in this market, “both gold and Bitcoin are going a lot higher, but gold could easily go up 30% this year,” said Novogratz in his interview with Bloomberg.
2021-1-7 20:34 | |
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As the globe, and specifically, the United States of America, continues to suffer from widespread economic turmoil, general uncertainty, and increased inflation, the USD has taken a sizable hit to its value.
2020-12-18 15:05 | |
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Bitcoin (BTC) price rose to the highest mark in nearly three years on Wednesday before correcting lower on Thanksgiving to erase previously weekly gains. Fundamental analysis: New record highs eyed Crypto investors witnessed a strong move higher in Bitcoin price thanks to being perceived as a safe-haven against inflation and driven by expectations of mainstream adoption.
2020-11-28 17:01 | |
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What price high must Bitcoin hit to account for the past three years of U.S. dollar inflation?
2020-11-25 21:43 | |
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People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region.
2020-10-19 01:30 | |
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The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy.
2020-9-18 00:15 | |
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If you think you have missed out on Bitcoin’s massive 2020 gains, you might want to think again. Cameron and Tyler Winklevoss, crypto billionaires, and the co-founders of the Gemini crypto exchange believe that the bellwether cryptocurrency still has more gas left in the tank as it is wildly undervalued at anything less than $500,000 […]
2020-8-29 23:09 | |
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"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000.
2020-8-28 14:22 | |
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Bitcoin (Symbol: BTCUSD) was going to hit $20,000 by the end of this year on inflation worries. Unfortunately, that now seems unlikely to happen. It is visible in the manner the world’s leading cryptocurrency reacted to the Federal Reserve’s new approach to devising US monetary policy.
2020-8-28 09:18 | |
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The world economy is in shambles. Governments, especially the US government, are printing billions in fiat money every other month. With this going on, fiat currency is going to lose a significant fraction of its value in the near future.
2020-8-14 20:16 | |
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According to data research firm Messari, Ripple’s selloff causes inflation to hit 20% — five times that of Bitcoin, inflicting downward price pressure.
2020-5-29 10:35 | |
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Bitcoin price prediction: “Bitcoin can hit 75000$ in 2021”. Let’s Discuss how and when Bitcoin can hit 75000$ in the near future. Fundamentals Bitcoin Halving Bitcoin Halving is a technological protocol upgrade that reduces the bitcoin mining reward to half in every 4 years to control the price inflation.
2020-1-31 15:42 | |
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Due to rampant inflation in the country, Bitcoin transactions in Ghanian Cedi (GHS) have skyrocketed on peer-to-peer (P2P) markets. Weekly trading volumes on LocalBitcoins and Paxful hit 350K Bitcoin this week; just two weeks ago, Sub-Saharan Africa surpassed volume highs set during the 2017 bubble.
2019-12-11 20:00 | |
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The Dow Jones oscillated as the Federal Reserve cut interest rates, and Jerome Powell indicated that inflation pressures remain “muted. ” On the trade war front, disappointment hit the Dow as the APEC summit in Chile was canceled, removing hopes for Trump to sign a trade deal there with Xi Jinping.
2019-10-31 22:18 | |
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As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data…
The global crypto market and the leading cryptocurrency, Bitcoin (BTC), registered a slight decline as the U.S. Consumer Price Index (CPI) data exceeded expectations. According to data from the CME Group, the CPI annual rate dropped from 3.4% to 3.1%…
The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
The US CPI came in 3.4%, while core came in higher than expected. Stocks are plunging.
The post Crypto Market Reaction: US CPI Comes in Hot for December appeared first on BeInCrypto.
Bitcoin’s latest price pullback to $35,000 was driven by softer U.S. inflation, China’s economic challenges and regulatory uncertainties.
CPI positively surprises stocks, and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought.