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...
Tag : Inflation
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...
Bitcoin braces for PCE inflation, GDP data and Iran deal update
Crypto markets enter a holiday-shortened U.S. week with several macro events that could affect Bitcoin, Ethereum, and broader risk assets. Summary U.S. markets close Monday...
4.8% inflation expectations put Bitcoin’s ‘digital gold’ narrative on trial
US one year inflation expectations have climbed to 4.8% for May, a reminder that the inflation story is not over and a fresh stress test...
Fed’s Waller warns inflation may force new hikes, rattling risk assets
Federal Reserve Governor Christopher Waller warned that stubborn inflation and surging energy costs now outweigh labor market risks, signaling that rate hikes are “back on...
Bitcoin price targets $79K as US PPI inflation hits highest since 2022
Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm. Key points: Bitcoin price action sees fresh downside...
Bitcoin eyes $90,000 as inflation priced in and CLARITY Act looms
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major...
Bitcoin price may dip toward $70K as Fed estimates hotter inflation print
Bitcoin (BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk...