Crypto Sinks Lower Despite News of Falling Inflation Rates

2022-5-11 16:54

According to data released today by the U.S. Bureau of Labor Statistics, April’s year-on-year consumer price index has fallen to 8.3%, 20 basis points lower than the 41-year-high inflation rate...

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inflation lower index price consumer year-on-year 41-year-high

Источник: cryptobriefing.com

inflation lower → Результатов: 30


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Can Bitcoin (BTC) price hit fresh record highs in December?

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


U.S. Treasury Yields Continue to Surge as Mnuchin Considers “Dangerous Temptation”

U. S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week.

2019-9-13 00:00


Bitcoin to enjoy lower inflation rate than gold by 2021

Although the finance sector continues to find a common ground between the leading assets gold and Bitcoin, gold-backed cryptocurrencies are promising to bridge this divide. In this light, Crypto Research Report identified stablecoins as the latest competition for gold, and stated, “All of the gold-backed stablecoins on the market are centralized, which means they have […] The post Bitcoin to enjoy lower inflation rate than gold by 2021 appeared first on AMBCrypto.

2019-9-2 20:30


Dow Buckles Under Weak Inflation, Hastening Fed Rate Cut Band-Aid

  By CCN Markets: The Dow and broader U. S. stock market headed for a soft landing Wednesday after another batch of disappointing inflation figures pointed to a slowing domestic economy. Dow, S&P 500 Slide for Second Consecutive Day All of Wall Street’s major indexes swung lower on Wednesday, continuing a disappointing end to the previous session and mirroring a slow morning for Dow futures.

2019-6-13 22:19


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EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation

Over 34 million EOS worth $167 million was permanently removed from circulation. The move is part of an initiative to drastically lower the inflation rate on the protocol from 5 to 1 percent. On July 31, 2018, 15 or more of EOS’s 21 block producers passed an initiative to burn $167 million EOS sitting idle […] The post EOS votes to burn $167 million in tokens in preparation for drastically reducing inflation appeared first on CryptoSlate.

2019-5-9 10:33


Gold-Like Bitcoin (BTC) May Eventually Surpass ATH, Says Crypto Entrepreneur

Bitcoin Shaping Up To Be Digital Gold Alistair Milne, the chief investment officer at Digital Currency Fund, recently commented on why he’s “still bullish” on Bitcoin (BTC) in a Twitter thread. Investors are now very aware that Bitcoin is like trading Gold with 100x leverage and, next year, Bitcoin's inflation/production rate will actually be *lower* than […] The post Gold-Like Bitcoin (BTC) May Eventually Surpass ATH, Says Crypto Entrepreneur appeared first on Ethereum World News.

2019-1-20 22:30


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