Inflation
Bitcoin Price Falls Back Toward Week's Low on Inflation Worry
The January PCE Price Index – the Fed's favored inflation indicator – unexpectedly rose to 5.4%.
ETC Group Co-CEO on State of Institutional Interest in Crypto
Global bitcoin investment products saw net inflows of 11,301 BTC in January, according to data from ByteTree. ETC Group co-CEO Bradley Duke discusses the surge of interest in bitcoin ETPs and the market sentiment among institutional investors. Plus, how continued inflation concerns will impact bitcoin exchange-traded products.
Bitcoin Jumps Back Above $22.5K After CPI Report
Bitcoin climbed back above $22,500 as crypto traders reacted to the Consumer Price Index (CPI) rising 0.5 percent in January. eToro Investment Analyst Callie Cox discusses how the inflation data could impact risk assets and Federal Reserve's upcoming interest rate decisions. Plus, insights on DOGE soaring after Twitter CEO Elon Musk posted a meme involving his dog Floki.
Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.
Crypto Markets Analysis: CPI Data Shakes Crypto Markets Before Cooler Heads Prevail
Erratic moves immediately following the CPI data release steadied as the day progressed.
Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'
Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts. The Wall Street Journal reports the founders of failed hedge fund Three Arrows Capital are launching a $25 million crypto exchange venture at the end of the month. And, the Senate Banking Committee hosted a hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."
Bitcoin Rebounds Above $22K After Tepid Inflation Readings
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.
Bitcoin Trades Sideways After Inflation Comes in Slightly Hot
Bitcoin (BTC) is trading mostly flat after the Consumer Price Index (CPI) rose 0.5 percent in January on a seasonally adjusted basis. On a year-over-year basis, however, inflation was running somewhat hotter than expected, coming in at a 6.4% pace in January versus 6.5% in December and against predictions for 6.2%. MarketVector Indexes Digital Asset Product Strategist Martin Leinweber shares his analysis.
Bitcoin Dips After US Inflation Comes in Slightly Hot
The report suggests the Fed will need to continue tightening monetary policy.
