Bitcoin climbs after surprise slowdown in core inflation - MSN

Bitcoin (BTC-USD) drifted higher in Wednesday afternoon trading, hovering just below the $100K level, after a softer-than-forecast core inflation print reinforced bets the Federal Reserve is on ...

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Bitcoin Climbs After Surprise Slowdown In Core Inflation - MSN

2 weeks from now

Bitcoin (BTC-USD) drifted higher in Wednesday afternoon trading, hovering just below the $100K level, after a softer-than-forecast core inflation print reinforced bets the Federal Reserve is on ...

msn.com

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Bitcoin Climbs After Surprise Slowdown In Core Inflation

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3 hours ago · Bitcoin drifted higher in Wednesday afternoon trading, hovering just below the $100K level, after a softer-than-forecast core inflation print reinforced bets the Federal …

seekingalpha.com

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Bitcoin Surges As Cooler Inflation Revives Rate Cut Hopes - Yahoo …

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Jun 12, 2024 · Crypto prices surged on the inflation data, with Bitcoin climbing over $1,900 in a matter of minutes. Ether and other altcoins also posted gains as traders reassessed the …

yahoo.com

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Bitcoin Climbs Above $58,000 Amid U.S. Inflation Data And Fed Rate …

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Sep 12, 2024 · The cryptocurrency market experienced a notable surge on Thursday, buoyed by U.S. core inflation data that slightly exceeded expectations, diminishing hopes for a significant …

indiatimes.com

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Bitcoin Soars To $61K Amidst US CPI Inflation Slowdown To 2.9%

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Aug 14, 2024 · New statistics from the US Bureau of Labor Statistics show that the July Consumer Price Index (CPI) reflects an annual inflation rate of 2.9%. ... NEWS. Bitcoin; …

blockinsider.com

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Even As Inflation Risk Fades, Bitcoin Remains Stuck Below $31K

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Jul 12, 2023 · Bitcoin investors received what should have been welcome economic news Wednesday as the government reported a big slowdown in U.S. inflation. And, indeed, …

coindesk.com

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Bitcoin Surges Almost 3% As US Inflation Data Signals Soft …

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Sep 12, 2024 · In response, Bitcoin surged more than 3.1% in the past 24 hours to trade at $58,283 as of 4.33 a.m. EST, while the broader crypto market saw its market capitalization …

insidebitcoins.com

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Bitcoin Falls After Surprise Inflation Jump Changes Fed …

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The inflation rate jumped to 3.5% in March. Market pricing for a June Fed cut dropped to around 20% from 50% after the report. Bitcoin is still up about 60% in 2024.

msn.com

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Bitcoin Nears $60,000 As Lower Inflation Calms Worries

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Jul 11, 2024 · The Bitcoin price has surged after positive US inflation data. Lower-than-expected CPI numbers have indicated a slowdown. Price movement has suggested a possible Bitcoin …

dailycoin.com

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Bitcoin Falls As Inflation Data Shows Higher-than-expected Core CPI ...

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Bitcoin dipped 1% on Wednesday to around $56,480, according to CoinDes Major cryptocurrencies fell on Wednesday, after the CPI report for August showed core prices rose …

marketwatch.com

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Bitcoin Climbs Back Above $100K Following Positive US Inflation …

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Dec 12, 2024 · The price of Bitcoin (BTC) has renewed a climb past the $100,000 mark after the latest U.S. CPI inflation data released on Wednesday suggested that the Federal Reserve …

biztechafrica.com

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Bitcoin Dips After US Inflation Comes In Slightly Hot - Yahoo Finance

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Feb 14, 2023 · Year-over-year core CPI in January was faster than forecast at 5.6% versus 5.5% expected and down from 5.7% a month earlier. The price of bitcoin ( BTC ) fell about $100 in …

yahoo.com

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Bitcoin Price Holds $60,000 Amid Higher CPI Outcome - BeInCrypto

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Oct 10, 2024 · The latest US Consumer Price Index (CPI) report has delivered a surprise 2.4% outcome, revealing higher-than-anticipated inflation figures. Despite that, Bitcoin’s (BTC) price …

beincrypto.com

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Bitcoin Climbs After Inflation Jump Rekindles Hedging Debate

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Jan 12, 2022 · Bitcoin climbed above $44,000 for the first time in a week as the most U.S. inflation in four decades revives the debate about whether the cryptocurrency is a hedge against rising …

bloomberg.com

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Bitcoin Climbs Above Key Level After US Inflation Jump

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Jan 12, 2022 · Bitcoin climbed above $44,000 for the first time in a week as the most U.S. inflation in four decades revives the debate about whether the cryptocurrency is a hedge against rising …

aljazeera.com

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Bitcoin May Hit New High If US Employment, Inflation Slows

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Jun 5, 2024 · “A weaker surprise could bring back rate cuts, and next week, we will get the CPI inflation report. If CPI [year-on-year] is 3.3% or lower, it will likely push Bitcoin to new all-time …

cointelegraph.com

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Bitcoin Climbs Above $47K As Stocks Fall And Investors Eye Inflation

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Oct 1, 2021 · According to CNBC, the Fed’s preferred gauge of inflation could show moderation in August after rising 3.6% year on year in both June and July. Analysts at TD Securities foresee …

coindesk.com

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CPI Accelerates In December, As Expected; Core CPI Surprises Lower

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7 hours ago · Excluding food and energy, core CPI gained 0.2% from a month earlier, after increasing 0.3% in each of the previous four months. The latest print slightly trailed the +0.3% …

seekingalpha.com

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Crypto Daybook Americas: XRP, AI Coins Eye Big Moves While …

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8 hours ago · U.K. Inflation Eases in Boost to Rate-Cut Chances (The Wall Street Journal): U.K. consumer inflation eased to 2.5% year-over-year in December, down from 2.6% in November. …

businessinsider.com

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FTSE 100 Live: Stocks Rally On Cooling Core US And UK Inflation

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7 hours ago · Sterling jumped 0.5% against the greenback to US$1.2276 on the figures, which showed headline inflation accelerated as expected in December, but core inflation scaling …

proactiveinvestors.co.uk

FAQs about Bitcoin climbs after surprise slowdown in core inflation - MSN Coupon?

Why did Bitcoin (BTC-USD) drift higher?

Bitcoin (BTC-USD) drifted higher in Wednesday afternoon trading, hovering just below the $100K level, after a softer-than-forecast core inflation print reinforced bets the Federal Reserve is on track to continue lower borrowing costs this year. ...

Which altcoins are gaining a lot?

Among some of the notable crypto gainers include xrp (XRP-USD) +10%, stellar (XLM-USD) +9.9%, celestia (TIA-USD), uniswap (UNI-USD) +8%, avalanche (AVAX-USD) +7.5%. Ether (ETH-USD), the largest altcoin by market cap, climbed 4.2% to $3.34K. ...

Which Crypto-linked stocks are gaining momentum?

Crypto-linked stocks also largely gained momentum, including MicroStrategy (MSTR) +6%, Coinbase Global (COIN) +7.9%, Galaxy Digital Holdings (OTCPK:BRPHF) +7.4%, Bakkt Holdings (BKKT) +3.9%, Riot Platforms (RIOT) +9.8%, MARA Holdings (MARA) +4.9%, HIVE Digital Technologies (HIVE) +6.5% and Bit Digital (BTBT) +8.6%. ...

Will the fed lower interest rates earlier than expected?

The core rate rose 0.2% in December vs. +0.3% in November, translating to a 3.2% year-over-year increase vs. +3.3% Y/Y in November. The softer prints (which completely overshadowed an ongoing acceleration in headline CPI) fueled speculation that the Fed would lower interest rates earlier than expected. ...