2023-5-10 17:27 |
Bitcoin's price spike is largely tied to latest inflation data, suggesting potential easing of inflation rate
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The recent surge in the price of Bitcoin has revived hope in crypto assets. To this point, pseudonymous crypto analyst Cheds stated that a massive rally might not be far-fetched for BTC soon. The crypto market struggled with rising inflation rates and other negative factors in 2022.
2023-1-17 15:20 | |
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Bullish CPI inflation reading might become source of volatility spike on cryptocurrency market
2022-12-13 11:17 | |
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The global financial crisis in the past year or so has resulted in a spike in crypto adoption around the world. Cryptocurrencies have shown great potential of being an effective solution for inflation despite the effects of the current macro environment.
2022-10-7 22:50 | |
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The consumer price index report published by the Department of Labor shows that United States inflation dropped to 8.5% in July, marking a sharper fall from 9.1%. The post Bitcoin and Altcoins Spike as US Inflation Drops appeared first on BeInCrypto.
2022-8-11 08:30 | |
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Shiba Inu surges on positive inflation report, shows one of best reactions on crypto market
2022-8-10 18:19 | |
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On-chain data shows the Bitcoin exchange netflow has observed a sharp positive spike recently, a sign that could be bearish for the crypto’s price. Bitcoin All Exchanges Netflow Spikes Up Following 9% Inflation Report As pointed out by an analyst in a CryptoQuant post, exchanges have recently seen a large amount of BTC deposits.
2022-7-17 22:00 | |
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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.
2022-7-14 16:09 | |
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Bitcoin price is still in a short-term downtrend. Meanwhile, the dollar has gone completely parabolic in the face of Fed monetary policy tightening and record-setting inflation numbers. The spike in the DXY has reached the 103 level and at the same time touched a trend line that has in the past kicked off some of […]
2022-4-27 18:34 | |
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The Turkish Lira is in sharp decline, at less than half its value against the dollar. President Erdogan seems determined to keep cutting interest rates despite falling values. Turks have turned to Bitcoin and USDT to hedge against the crippling effects of inflation.
2021-12-24 10:29 | |
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Bitcoin price once again tested the $33,000 level but failed – the biggest cryptocurrency by market cap is now hovering at $32,500 and well below the 55 simple moving average (4-hours). Meanwhile, the stock markets continue to make new highs and the United States economy makes a remarkable recovery, with the latest government data showing […]
2021-7-17 16:42 | |
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The U. S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3. 4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns.
2021-6-28 16:30 | |
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The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the […]
2021-3-6 17:39 | |
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Inflation has seen a big spike with food prices rising 4.5% in June and more than 4% last month in the United States. In China they increased 13.2% last month...
2020-8-18 21:07 | |
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Bitcoin expects to undergo a significant rally as a top economist predicts an inflation bias after 12-18 months. The analogy comes after demand for inflation-protected bonds spike in the US, showing investors expect consumer prices to increase in the future.
2020-7-17 09:16 | |
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In less than 15 days, the Bitcoin block rewards will get slashed by 50 percent. With the world in a spread of inflation, Bitcoin's intended deflationary effect is poised to take the coin's volatility The post Bitcoin volatility poised to spike in June with price close to 2017 peak appeared first on AMBCrypto.
2020-4-29 15:30 | |
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Currency inflows into BTC purchases show a sudden spike in Brazilian real activity.
2019-4-30 15:09 | |
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If you look at the latest activity on Localbitcoins, there has been a large spike in recent days from both Argentina and Venezuela buying bitcoins. Both these troubled Latin American countries have displayed a steady increase in buying cryptocurrency due to rising inflation and troubled economies.
2018-12-10 21:00 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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