Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why

The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial market. Bitcoin and most crypto assets are trading lower, extending losses recorded on April 9, weighing negatively against optimists.

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Bitcoin Trudges Below $69,000 As Traders Nervously Await U.S. Inflation Data

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Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts

CPI positively surprises stocks, and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought.

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BTC price focuses on $26K as Bitcoin traders brace for CPI volatility

Bitcoin has plenty of resistance levels to deal with as CPI starts a major macro week for risk asset markets.

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Bitcoin halts four day slide as CPI comes in better than expected

Spurred by better-than-expected U. S. Consumer Price Index (CPI) data, Bitcoin saw a 1. 6% increase in the 13:30 (BST) 30-minute candle to close at $28,197. The move was accompanied by high volume to break a four-day slide for the leading cryptocurrency.

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Bitcoin Price Pumps After Lowest CPI Report Since December 2021

Bitcoin has experienced a mini-rally after a low CPI read suggests rate hike slowing will happen soon.

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Bitcoin Parries Full-Blown CPI Onslaught, Recovers Above $19,000 Level

Bitcoin bucked its shaky initial reaction to the latest Consumer Price Index (CPI) report released on Thursday, rebounding right away after an expected price decline. Bitcoin nears $20K mark after the CPI report was released Inflation in U.

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CryptoSlate Wrapped Daily: Bitcoin slumps after CPI release; Fed Vice Chair warns banks on crypto company deals

The biggest news in the cryptoverse for October 13 includes Bitcoin falling by 3% as CPI data of 8. 2% worsen fear of rate hikes, Binance allegedly filing inadequate financial reports in the UK, STEPN denying lay-off claims, and United States lawmakers demanding a probe of ERCOT for paying Bitcoin miners in Texas.

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Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike

The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the United States Bureau of Labor Statistics (BLS), showing a 0. 1% increase in August, taking the unadjusted value to 8.

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Market Wrap: Bitcoin Notches Biggest Gain in 6 Months as Price Soars

Traders appear to be shrugging off interest rate fears as they wait for next week’s CPI release. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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AdirizeDAO Aims To Be The New Hedge Against Inflation, as BTC, SOL Experience Severe Pullbacks

With its core feature as a currency without a central authority, Bitcoin (BTC) has been acclaimed as a hedge against inflation over the years. When major fiat currencies, especially the dollar, went through high CPI and inflation stages, many investors clamoured to buy the BTC coin.

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What Deflation Tells Us About The Real Estate Market

This interview with Sam Callahan covers current events, Bitcoin as a game changing technology, how inflation/CPI is a made-up number and more!

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Good news for Bitcoin: New CPI data suggests inflation has peaked | Find out now on Market Talks with Tim Warren and Caleb Franzen

The CPI numbers are out and they might hold a bullish signal for Bitcoin (BTC). Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Caleb Franzen.

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TA- Shiba Inu Price Struggles, But Could Be Set For A Major Run

The price of the Shiba Inu (SHIB) could be set for a major run as it holds its support against Tether (USDT).   Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market as the price of Shiba Inu eyes $0.

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TA- The Price Of Fantom Shows Strength – Eyes $0.70

The price of Fantom (FTM) shows strength and could be set for a major run against Tether (USDT) with eyes set on $0. 7.   Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market.

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Bitcoin price prediction: analyst says short-term trend is bullish, targets $26K

Bitcoin (BTC/USD) has traded up by more than 7% this past week, with positive action seen following US CPI data for July helping bulls break to a two-month high above $24,930. BTC price price – short term bullish trend While the BTC/USD pair has pared some of the intraday gains and currently trade near $24,560, […] The post Bitcoin price prediction: analyst says short-term trend is bullish, targets $26K appeared first on Invezz.

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Ethereum Price Rises Past $1,900, Nearing 3-Month High Amid CPI Data Release

Ethereum prices rose past $1,900 today, nearing 3-month highs. After yesterday’s release of the CPI (Consumer Price Index) data for July, which revealed no change last month, cryptocurrencies like Bitcoin and Ethereum saw significant upside this Thursday.

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First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue

Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance; bitcoin and other cryptos rise.

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Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000.

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Price analysis 8/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

After Aug. 10’s neutral CPI print, Bitcoin and altcoins are attempting to flip stiff overhead resistance levels to support in order to prepare for the next leg up.

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Money On The Sidelines: Crypto Traders Accumulate Highest Buying Power In Two Years

The crypto market has been trading in the green over today’s session as it sees some relief from macro-economic factors. Today, the U. S. published July’s Consumer Price Index (CPI) print which hinted at a slowdown in inflation and allow Bitcoin, Ethereum, and others to experience some relief.

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TA- Bitcoin Bounced off Key Support After CPI Announcement

The price of Bitcoin (BTC) bounced off its key support against Dollars (USD) after the Consumer Price Index (CPI) announcement in the United States. The metric is used to measure inflation in U. S. dollar and hints at a potential slowdown.

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

The latest price moves in bitcoin (BTC) and crypto markets in context for August 10, 2022.

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U.S. Inflation Slowed To 8.5% In July. Bitcoin Claims $24,000

U.S. CPI data came lighter than expected at 8.5% in July, but rampant inflation is still present in the energy sector; bitcoin jumps.

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Bitcoin spikes to $24,000 as CPI inflation remains unchanged at 8.5%

The price of Bitcoin moved higher following the release of Consumer Price Index (CPI) data by the United States Bureau of Labor Statistics (BLS), showing no change in July. The post Bitcoin spikes to $24,000 as CPI inflation remains unchanged at 8.5% appeared first on CryptoSlate.

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

Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure of the Federal Reserve to continue to hike aggressively at the September meeting.

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U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps

Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure of the Federal Reserve to continue to hike aggressively at the September meeting.

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Bitcoin braces for US inflation data as CPI nerves halt BTC price gains

Another surprise inflation increase could make things “ugly” for crypto markets, one trader warns, with hours left before the CPI release.

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Bitcoin drops to support as looming CPI print shakes up crypto and stock markets

Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support.

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Bitcoin and Ethereum Lead Crypto Market Recovery, But It's Too Early to Celebrate: Crypto Market Review, July 18

Bitcoin, Ethereum among leaders of cryptocurrency market recovery, but European CPI data could change that

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Bitcoin, Ether, XRP, Cardano Steady Despite Worse Than Expected CPI Data — BTC Finally Inflation Proof?

Bitcoin continued to exude strength on Friday despite worse-than-expected inflation figures earlier in the week.

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UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K

Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years.

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Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes

For the month of June 2022, the US Bureau of Labor Statistics published its Consumer Price Index. The Negative CPI was found to be 9. 1%, the largest inflation increase in the US in the previous 40 years.

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Inflation Sets News 40-Year High of 9.1%, Bitcoin Fights To Hold $19,000

CPI inflation data reached a 40-year high of 9.1% in June with the largest price increases occurring in the energy sector, seeing fuel and oil rising almost 100%.

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First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected

The latest price moves in bitcoin (BTC) and crypto markets in context for July 13, 2022.

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Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K

U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.

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US Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls

The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July.

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US CPI Preview: Inflation Likely to Climb to New 40-Year High

A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.

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Bitcoin price hits 7-day low as US warns of 'highly elevated' CPI data

Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week.

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US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week

A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Bitcoin Slides As CPI Report Hints At Soaring Inflation – More Bearish Pressure Ahead?

As traders buckle down for the weekend, Bitcoin prices ushered in Friday’s session rather sluggishly. During European trading hours, Bitcoin stayed slightly around $30,000, displaying signs of weakening ahead of the U.

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Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin (BTC) declined alongside equities and other cryptos on Friday. The higher-than-expected U.S. CPI print triggered risk-off sentiment across global markets. Technical indicators suggests risk of additional downside over the short-term.

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Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

Global financial markets and crypto sold off after June 10’s 8.6% CPI print showed inflation remains a persistent challenge.

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Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6%

Bitcoin’s (BTC) price sank following the latest United States Consumer Price Index (CPI) release, which showed that the index had hit 8.6% — its highest level in 40-years. The post Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6% appeared first on CryptoSlate.

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Bitcoin Sees Weakness Ahead of CPI Report; Cardano, Solana Lead Fall in Major Cryptos

Crypto market capitalization fell some 2.3% in the past 24 hours as bitcoin rose, then lost, a pivotal support level at $30,000.

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Bitcoin Price Falls Below $30,000 With Unexpected 8.3% Inflation Report

CPI inflation data exceeded market expectations, maintaining a near 40-year high of 8.3% as bitcoin falls below its $30,000 line of support.

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Bitcoin Briefly Falls Below $30,000 as US April Inflation Level Announced

Leading digital currency briefly goes below $30,000 level on new CPI report, while $406 million liquidations occur on the market within one hour

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Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked

Potential relief for macro pressure offers no respite for Bitcoin as BTC price action returns to new ten-month lows.

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