Inflation
Key Factors Moving Crypto Markets This Week
As bitcoin's price recovers, CoinDesk Managing Editor of Technology Christie Harkin and Managing Editor of Markets Brad Keoun discuss this past week's top stories moving the crypto markets, including hotter-than-expected June inflation numbers, Mt. Gox's anticipated creditor payout and bitcoin mining hashrate dropping to new lows.
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
Apifiny CEO: $15K a 'Good Level' for Bitcoin Bottom
Bitcoin dipped below $20,000 as inflation hit a new 40-year high. Apifiny founder & CEO Haohan Xu discusses his crypto markets analysis and outlook, saying ""$15,000 is a good level"" on bitcoin's potential bottom.
The Fed Can't Whip Inflation Alone
The source of high U.S. inflation is pretty clear, and it doesn't have much to do with the money supply.
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.
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.
Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin.
Bitcoin Hovers Over $20K as Fed Sees 'More Restrictive' Policy Possible
The Strategic Funds Managing Director Marc LoPresti discusses his crypto markets analysis as bitcoin hovers slightly above the key $20,000 support level and the Federal Reserve's latest meeting minutes reveal "more restrictive" policy is likely if inflation fails to come down. Plus, outlook for crypto regulation.
Argentines Take Refuge in Stablecoins After Economy Minister Resignation
Major crypto exchanges reported consumers purchased up to three times as many stablecoins over the weekend as they usually do amid a growwing economic crisis.
