Bitcoin tops $60K amid Fed inflation talks: Is bull trap or $65K next?
Key takeaways: Persistent spot Bitcoin ETF outflows and US dollar strength reduce the odds of a quick bounce to $65,000. Strong AI sector earnings momentum...
Tag : Inflation
Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets. Key points: Bitcoin returns to its lowest...
Cathie Wood predicts inflation collapse as Fed hike fears grow
Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing....
Kevin Warsh holds rates steady despite fresh inflation fears
This article was updated with additional details from the Federal Reserve’s latest dot plot projections and voting results. The Federal Reserve has kept its benchmark...
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...
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...