Bitcoin tags $63.2K as BTC price action ignores inflation, Iran Hormuz closure
Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Bitcoin sees...
Tag : Inflation
Trump “Loves the Inflation,” as Crypto Keeps Getting Butchered: Geopolitical Tensions vs. Crypto
Bitcoin is holding above $62,000, but barely. The crypto market shed by 20% in a month, with Ethereum breaching the psychologically huge $2,000 level and...
Analysts tip pressure for Bitcoin, gold as US inflation tops 4%
Market analysts have cautioned that Bitcoin and gold may face further headwinds this year following a 4.2% annual increase in the US Consumer Price Index...
Bitcoin rises despite US inflation hitting 3-year high: Where will BTC price go?
Bitcoin (BTC) erased its intraday losses and rose by around 2.5% to $62,410 immediately after the US inflation report, even as the headline Consumer Price...
Bitcoin, Ethereum Resume Rebound as Inflation Hits 3-Year High
In brief The Consumer Price Index rose 4.2% in May from a year earlier, its fastest annual pace since 2023. Despite the jump, Bitcoin pared...
Bitcoin price falls below $61K as inflation risks mount before CPI
Bitcoin price has fallen below $61,000 on June 10 as traders cut risk exposure ahead of the latest U.S. inflation report, extending a selloff that...
Bitcoin price stalls near $64K before key U.S. inflation data
Bitcoin recovered from last week’s fall toward $59,000 and briefly tested $64,156. Summary Bitcoin holds above $62,000, but weak demand leaves the recovery vulnerable before...
BNP Paribas warns inflation threat could trigger three Fed hikes
BNP Paribas has forecast three Federal Reserve rate hikes beginning in December, citing stronger-than-expected U.S. employment data and rising inflation pressures that the bank links...
XRP News: Ripple Targets Turkey Inflation Market: Can RLUSD Beat USDT and USDC?
In the latest XRP News, Ripple is moving into Turkey with RLUSD, its USD-backed stablecoin, targeting a market where inflation has made dollar-denominated assets a...
Dudley says the Fed’s ‘inflation fighter’ reputation is on the line
Former New York Fed chief Bill Dudley has warned that the Federal Reserve risks losing its credibility as an inflation fighter after more than five...