Crypto market, Bitcoin go bearish following US CPI report

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%…

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Crypto Market Reaction: US CPI Comes in Hot for December

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.

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Crypto Market Reacts Positively To August CPI Report

In the cryptocurrency space, where market sentiment often dances to the tune of economic indicators, the recent release of the August Consumer Price Index (CPI) report has caused a ripple of optimism.

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Crypto market outlook as U.S CPI inflation soars 3.7%

The United States revealed August’s Consumer Price Index stats on Wednesday. The data showed inflation increased by 3. 7% annually, pressuring the Fed as it surpasses the 3. 6% prediction.

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Crypto Market Shows Signs of Stability Ahead of U.S. CPI

While some economists predict a jump in U.S. CPI compared to July, Factset research shows inflation is becoming less of a concern for large companies.

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Bitcoin price squeeze expected as major events come closer

The Bitcoin (BTC) price is expected to squeeze if the August Consumer Price Index (CPI) rises further and the collapsed crypto firm FTX gets approval for liquidation. According to the market analyst with the X (formerly Twitter) handle CrypNuevo, the…

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Cleveland Fed nowcasts signal escalating inflation pressures, crypto market bracing for impact

Quick Take The Federal Reserve Bank of Cleveland’s innovative approach to analyzing inflation presents a concerning picture. Utilizing its inflation nowcasting tool, the Bank provides daily nowcasts for two pivotal price indexes – the price index for Personal Consumption Expenditures (PCE) and the Consumer Price Index (CPI).

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Crypto Critic Peter Schiff Reacts to CPI Data: 'Fed Lost'

Bitcoin skeptic Peter Schiff makes epic claim following CPI and inflation data release

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First Mover Americas: Bitcoin Flirts With $30K as Traders Await CPI

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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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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CPI report: Market reactions diverge as crypto sustain a slight dip

The CPI report showed that inflation rose by 0.2%. The stock market and precious metals saw a rise while crypto dipped slightly. According to recent data, the CPI report for June stayed withThe post CPI report: Market reactions diverge as crypto sustain a slight dip appeared first on AMBCrypto.

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CPI Data For June Is A Bullish Surprise For Bitcoin And Crypto

The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surprising cooling in inflation, which has ignited hopes of a positive outlook.

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Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI

Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.

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Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight

The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.

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Bitcoin Price Jumps Above $26,400 As CPI Turns Out Better Than Expected

The blockbuster week for crypto and Bitcoin gets rolling today. After the Hinman documents in the legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) were released a few hours ago, the U.

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Bitcoin (BTC) and Crypto Market Expected to Receive Major Blow Soon: Details

US CPI data expected to be released later today, this analyst believes it is likely to hurt Bitcoin

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Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Market observers will closely watch the United States CPI data and the Fed’s policy decision to provide direction to the stock and crypto markets.

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Crypto price prediction: Bitcoin, Ethereum and KAVA after CPI data

Bitcoin price broke to $28,200 while Ethereum hovered above $1,800 as stocks climbed on US CPI data. KAVA price also rose, jumping 11% amid the positive sentiment and increased network activity. BTC, ETH and KAVA are trading near key technical levels.

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Why Crypto Markets Brace for Volatility

Ethereum's Shanghai upgrade and US CPI numbers likely to follow will likely result in crypto market volatility. The post Why Crypto Markets Brace for Volatility appeared first on BeInCrypto.

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What Does This Week Have in Store for Crypto?

Investors will closely observe the U.S. CPI, out this week, for clues to the Federal Reserve's next policy move in May 2023. The post What Does This Week Have in Store for Crypto? appeared first on BeInCrypto.

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Crypto Investors Brace For CPI Report On Valentine’s Day – Will The Figures Be In Their Favor?

Last month’s crypto market rally was caused in part by optimistic investors with positive sentiment in the broader financial market. Crypto isn’t the only market that rallied, stocks experienced a surge as well with major indices showing gains.

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Crypto stocks struggle under regulatory concerns

Crypto stocks trading in the U.S. market have been underperforming today as investors await the release of the Consumer Price Index (CPI) data.

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Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release

Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.

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Weekly markets TL;DR: Google’s AI fail, job numbers worry Fed, and relative calm ahead of CPI next week

1. Economy 2. Stock Market 3. Crypto 4. Other assets 5. What to look out for The post Weekly markets TL;DR: Google’s AI fail, job numbers worry Fed, and relative calm ahead of CPI next week appeared first on Invezz.

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Early Q1 2023 Crypto Prices Rally On Favourable US Inflation Data

Thursday, January 12, 2023, saw the release of December 2022 US inflation figures by the Bureau of Labor Statistics. The Consumer Price Index (CPI) dropped by 0. 1% in December 2022 largely due to declines in both the gasoline and energy indices.

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Crypto Market Forecast: Week of January 16th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin surges as the first CPI print of the year reveals a dropping inflation rate, SBF publishes a new blog that expounds his innocence, and onchain metrics send mixed signals.

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Bitcoin Nears $21,000 Level, Rallies 24% In Last Seven Days Post-FTX Mess

Bitcoin is showing some renewed energy. As of writing, the top cryptocurrency is trading at $20,883, leading the crypto market to rally as optimistic investors enter the market. This may seem as a surprise, but with the Consumer Price Index (CPI) data showing an improving economic trend, a further upwards break is possible for BTC.  […]

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Crypto Markets Today: Bitcoin Finishes Best Week Since March; Solana’s Bonk Barks

ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.

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Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs

ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.

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First Mover Americas: Crypto Markets Primed for Soft CPI

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains

Key Takeaways Bitcoin has increased for eight straight days, now up 9.2% on the year Period of low volatility in the crypto markets paired with softer inflation data has sent prices upward Latest CPI report is out Thursday which will trigger volatility and is vitally important for the market following increased optimism over last month […] The post What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains appeared first on CoinJournal.

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5 cryptocurrencies that could benefit from a positive CPI report

Crypto markets flip green following the continuation of last week’s rally in equities, and SOL, XMR, LDO and AAVE could be ready to move higher.

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Top 5 Crypto To Watch As CPI Data Is Released This Week

The crypto market has been very bullish in the past week as the turn of the year sparked positive investor sentiment for the industry, especially to our top 5 crypto to watch this week. Since January 1st, the total market cap of crypto rose by 8.

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Bitcoin and Ethereum gave back their gains, but has anything actually changed?

Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting.

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What Ethereum’s Rejection At $1,350 Says About The Cryptocurrency

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend.

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Total crypto market cap makes 4 week high to $874B following CPI release

The total crypto market cap recorded inflows of $27.2 billion in the last 24 hours to post a four-week high of $871.4 billion. The post Total crypto market cap makes 4 week high to $874B following CPI release appeared first on CryptoSlate.

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Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation

Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases.

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Will the Crypto Market Become More Volatile as US Inflation Hits 8.2%? Metaverse Projects Like Metacade Could Surge

The USD consumer price index (CPI) came in at 8. 2%. The figure is a year-on-year estimate that is provided on a monthly basis, providing insight into annual price increases for consumers. While it’s unclear just how much inflation will impact the crypto markets over time, the scenario in which crypto benefits could see some major […] The post Will the Crypto Market Become More Volatile as US Inflation Hits 8.

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Forget The Federal Reserve, The Market Is Pivoting Anyway

CPI numbers from the U.S.-led markets to rally, leaving bitcoin in the dust as FTX shocked the crypto world. The Federal Reserve tests out a CBDC.

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Crypto, stocks brace for Thursday’s CPI announcement

Investors expect the Fed’s aggressive program of rate hikes to level off once inflation shows signs of being reigned in. The post Crypto, stocks brace for Thursday’s CPI announcement appeared first on CryptoSlate.

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Daily Briefing: Blood in the Water

On top of the midterm elections and forthcoming CPI numbers on Thursday, the crypto world is contending with additional drama this week in the form of two industry titans butting...

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These Events Will Be Key For Bitcoin And Crypto This Week

The Bitcoin and crypto market is kicking off what could be an extremely important week. While the market is currently overwhelmed by the news surrounding the battle between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections and the release of the CPI data in the US are two major events that could be of crucial importance for the market.

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Crypto Market Forecast: Week of October 17th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, the US CPI print for September comes in hot as prices in the country soar, Bitcoin difficulty hits a new all-time high, and Cardano continues work on scaling solutions.

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Cardano (ADA) Successfully Bounces from Critical Level: Crypto Market Review, October 14

Markets are bouncing despite negative CPI release

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Bitcoin Shakes Off Bears Following CPI Release, But Will This last?

Bitcoin saw a shaky market day following the release of the CPI data. While the projections for the inflation rates were high, they would come out lower than the actual number and the crypto market had responded negatively to the news.

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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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Santiment : Inflation News Causes Hike in Bitcoin and Altcoin Shorts

Enthusiastic crypto short traders get liquidated as BTC and altcoins buck expectations and rally despite bearish CPI announcement

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First Mover Americas: Bitcoin Falls to $18.1K After CPI Data

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin In Demand: Investors Haven’t Stopped Buying BTC Despite Crypto Market Doubt

The latest Bitcoin dilemma, which began on September 13 when the US Federal Reserve announced the CPI report, has left retail investors in a disadvantaged position. The recent announcement that the Fed interest rate has been raised by 75 basis points has also impacted the market.

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