Bitcoin holds near $96,500 as US PPI data shows slower producer price growth

Bitcoin traded around $96,500 Tuesday following the release of US December Producer Price Index (PPI) data, which indicated a deceleration in producer price growth. The monthly PPI rose 0. 2% in December, below November’s 0.

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Is Solana 'overdue' a price correction? - Exec's prediction after altcoins crash

Following the release of the U.S. Producer Price Index (PPI) inflation report on 14th March, the cryptocurrency market, led by Bitcoin [BTC], witnessed a notable downturn. Bitcoin, the pioneering The post Is Solana 'overdue' a price correction? - Exec's prediction after altcoins crash appeared first on AMBCrypto.

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Price analysis 10/11: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

Bitcoin and select major altcoins are under pressure as the September Producer Price Index report shows wholesale inflation surged to 0.5%, exceeding the markets' expectation.

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Bitcoin price holds steady following surprising US PPI uptick, eyes on upcoming CPI data

Quick Take Bitcoin is currently treading water around the $27,000 mark, reflecting a modest 1% decrease following the release of a higher-than-anticipated U. S. Producer Price Index (PPI) year-on-year (YOY) result of 2.

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Federal Reserve’s 2024 plans could create headwinds for Bitcoin

Quick Take The market anticipates continuity in the Federal Reserve’s pause for the remainder of the year, as suggested by current trends. The resurgence of Consumer Price Index (CPI) and Producer Price Index (PPI) inflation rates has activated a reevaluation of these expectations.

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Fed faces challenge as surging PPI at 0.3% surpasses predictions

Quick Take Recent financial data suggests a growing concern for the Fed as key inflation indicators show unfavorable trends. The Producer Price Index (PPI) — a prime measure of inflation — exhibited an unexpected increase for the first time in three months.

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Major Week Ahead For Bitcoin And Crypto: 3 Must-Watch Events

For the Bitcoin and crypto market, the upcoming week promises to be a pivotal one. While the US Consumer Price Index (CPI), Jobless Claims, Producer Price Index (PPI) and Michigan Consumer Sentiment are all on the horizon, three events stand out as particularly: the July release of the CPI and PPI data, as well as […]

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Why Is Bitcoin Price Up Today?

The Bitcoin price tagged a new yearly high yesterday at $31,840, leaving market participants wondering about the driving forces behind this bullish momentum. The Power of Economic Indicators One of the crucial factors contributing to Bitcoin’s upward trajectory was the release of the United States Producer Price Index (PPI) data.

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With Price Index Higher Than Expected, Could the Fed Keep Foot on the Gas?

This past month’s Producer Price Index (PPI) in the US came in slightly higher than expected, edging markets down slightly. The post With Price Index Higher Than Expected, Could the Fed Keep Foot on the Gas? appeared first on BeInCrypto.

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Crypto Surges After Lower PPI Numbers, But 2023 Recession Still Likely

The U.S. Producer Price Index (PPI) rose 0.2% between Sep. and Oct. 2022, beating analysts’ expectations of 0.4%. The post Crypto Surges After Lower PPI Numbers, But 2023 Recession Still Likely appeared first on BeInCrypto.

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XRP Price Might Hit Five Digits, U.S Record Producer E-Smitty Makes Stunning Prediction

E-Smitty believes that soon entire globe will adopt cryptocurrencies

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Crypto Responds Cautiously to Lower U.S. Producer Price Index (PPI) Numbers

Equities and crypto are bouncing as the U. S. Bureau of Labor Statistics released its new PPI report that holds promise for riskier assets. The post Crypto Responds Cautiously to Lower U.

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Prices Jump By The Highest Percentage in a Decade

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Bitcoin (BTC) Mining Hardware Producer Bitmain Announced Price of S19

Chinese crypto journalist and insider Colin Wu shares major announcements from Bitmain's first conference without Jihan Wu

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Lindsay Lohan Tweets ‘Bitcoin to the Moon’- Celebrities Are Flocking to Crypto in Great Number

Ever since bitcoin and a number of other digital assets started seeing price gains 11 months ago, a great number of celebrities started jumping on the cryptocurrency bandwagon. More recently famous people like Kiss frontman Gene Simmons, the retired American rapper Logic, hit record producer Murda Beatz, and Game of Thrones actress Maisie Williams have […]

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Crypto price action platform Hxro launches liquidity partner program

Hxro, a gamified crypto derivatives platform that offers a simple way for users to play the market, has announced the public launch of the Hxro Liquidity Producer Pool with the following lead entities as marquee participants: Alameda Research CMS Holdings Arca Funds Three Arrows Capital Ledger Prime Acheron Trading Hxro’s core product, MoonRekt, is a […] CryptoNinjas » Crypto price action platform Hxro launches liquidity partner program

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China's CPI Inflation Rises in August as Trade War Ravages Producer Prices

China's consumer price index (CPI) rose above trend in August, fueled by a continued surge in food costs and weather-related supply shortages. Factory-gate prices, expressed by the producer price index (PPI), told a completely different story.

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Saudi Arabia Won’t Bow to Trump’s ‘Crude’ Jabs Until After Aramco IPO

Donald Trump has been doing his best to wage war on the rising oil price, but the president is struggling with the fact that strong US growth is a natural boost to crude. However, there is another thorn in his side – Saudi Arabia-led OPEC, who have been keen to limit supply.

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ZCash (ZEC) Price Rises as Bitmain’s Z11 Miner Brings More Hashing Power to the Network

The ASIC producer has promised a mechanism to protect ZEC against miners dumping their rewards.

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Nvidia Crypto Mining GPU Chip Producer Stocks Underperform, Was Bitcoin’s Bear Market to Blame?

The cryptocurrency market has been in a bear trend since the end of 2017. Bitcoin (BTC) lost more than 80% of its price during 2018 and many other digital assets lost more than 90% of their value during the same period of time.

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‘It’s Quite Cryptic’: Normal People Explaining Bitcoin Shows It’s Still Very Early

This video by Naomi Brockwell of ‘normies’ explaining Bitcoin reminds us there’s still a long way to go taking cryptocurrencies to the masses. Let’s be honest. Between wild price swings, sensational hash wars, Ethereum forks, 51% attacks, and bearish regulators, it’s easy to get caught up in the crypto space.

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EOS, Tron (TRX), Litecoin (LTC), Stellar Lumens (XLM), Cardano (ADA) Price Analysis

Losses are steep in EOS and this is partly because of block producer centralization claims and the uncertainty around Dan Larimer commitment. But while we expect bears to slow down, Tron is stable and up 22 percent in the last week.

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Ethereum Price Analysis: Despite Upbeat Preview, ETH/USD Bearish Below $250

Latest Ethereum News Thing is blockchain based projects should be just that, blockchain. However, a new study by WhiteBlock sponsored by ConsenSys whose founder, Joseph Lubin, is a wheeler dealer at Ethereum reveal otherwise about EOSIO claims.

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EOS Price Analysis - dApps on the rise

Despite a shaky start, EOS has begun to find it's footing amongst smart contract blockchains. The DPOS consensus mechanism and block producer validation model, albeit more centralized than other blockchains, is proving successful.

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Litecoin, EOS, Stellar Lumens, Tron, IOTA Technical Analysis: EOS Plateaus to Tame “Expensive” RAM Prices?

Weekend’s price action was a short in the arm for Bitcoin, IOTA and a host of other coins under our focus. EOS is also stable despite claims of block producer crash by EOS New York. On the other hand, Tron implements their incentivization plan which is overly good for network development.

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