Bitcoin Price Rises After CPI Inflation Report. Why the Data

11 hours ago · The token's price was up after December's CPI data showed a decline in the core inflation rate. Rocket Pharmaceuticals (RCKT) Loses -12.5% in 4 Weeks, Here's Why a Trend …

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Bitcoin Price Rises After CPI Inflation Report. Why The Data

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11 hours ago · The token's price was up after December's CPI data showed a decline in the core inflation rate. Rocket Pharmaceuticals (RCKT) Loses -12.5% in 4 Weeks, Here's Why a Trend …

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Bitcoin Rebounds To $100,000 As Inflation Data Puts Fed Rate Cuts …

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4 hours ago · Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both yesterday's producer price index and today's …

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Bitcoin Price Stalls. Why Inflation Data Matter For Crypto. - Yahoo

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15 hours ago · Bitcoin Surges Over 6% to $97,000 as Global Markets Rally and Key U.S. Inflation Data Looms Bitcoin rose sharply on Jan. 14, 2025, surpassing $97,000 after several weeks of …

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Bitcoin Price Tops $100,000 Again On CPI News, Regulatory …

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3 hours ago · Bitcoin topped $100,000 again Wednesday, climbing back after recently sliding under $90,000 for the first time since November. Inflation data and a Reuters report that …

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Bitcoin Price (BTC) Rises Above $98K After December Core CPI

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13 hours ago · The price of bitcoin jumped to $98,500 following the data. While headline inflation came in faster than hoped in December, investors for the moment are in buy mode after an …

coindesk.com

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Bitcoin Smashes $99,000 As Inflation Rises To 2.9% In December

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1 day ago · The Bitcoin price immediately jumped following Wednesday’s inflation snapshot, increasing 1.9% and briefly surpassing $99,000 in around 30 minutes. Meanwhile, the price of …

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Bitcoin Price Dips 5% After CPI Data Shows Inflation Still High

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Mar 13, 2024 · The February Consumer Price Index (CPI) report showed inflation remained stubbornly high at 0.4%, exceeding analyst predictions. This pushed the year-on-year inflation …

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Bitcoin Price Rises After US Inflation Falls To 4.9% - Yahoo Finance

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The latest CPI reading has cooled considerably since peaking out around 9% in June 2022, but the report presents mixed news on inflation. Federal Reserve officials will have added aspects …

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Bitcoin Rises As US Inflation Slows More Than Expected In June

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Jul 11, 2024 · The Bureau of Labor Statistic's Consumer Price Index (CPI), which tracks price movements across a broad range of goods and services, rose 3.0% in the 12 months through …

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Bitcoin Smashes Past $26K As CPI Report Shows Inflation Held

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Mar 14, 2023 · Bitcoin soared past $26,000, a price not seen since last Summer, on the back of the latest CPI print that showed inflation in the U.S. is still very much alive.. The Consumer …

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Bitcoin Jumps After Softer-than-expected Core CPI

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Bitcoin rose 3.2% on Wednesday, after the consumer-price index report showed that core inflation was softer than forecast in December. The largest cryptocurrency was trading at around …

marketwatch.com

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Bitcoin Price Rises After CPI Inflation Report. Why The Data ... - MSN

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Bitcoin rose early Wednesday as investors reacted to the latest U.S. inflation reading. The world’s largest cryptocurrency was up 2.9% over the past 24 hours to $99,032, according to CoinDesk …

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Bitcoin Hits New High Following December CPI Report

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12 hours ago · Bitcoin hit a new weekly high, breaking the $98,500 mark, after the U.S. Labor Department released the Consumer Price Index (CPI) data for December. Despite concerns …

financialexpress.com

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Bitcoin Rises After CPI Data Points To Slower Inflation

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Bitcoin rose Wednesday after the consumer-price index data pointed to a slower rate of inflation in the U.S. The top crypto rose 2.9% Wednesday to around $69,310, according to Dow Jones …

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Bitcoin Price Reacts As 3.7% CPI Sees Inflation Jump Beyond Forecasts

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Sep 13, 2023 · Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it threatened a fresh loss of the $26,000 mark. The Consumer Price Index (CPI) print for …

cointelegraph.com

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Bitcoin Rises Past $100,000 Threshold Amid Risk Rally Renewal

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1 day ago · The S&P 500 and Nasdaq 100 indexes are up over 1% after the inflation report. Trump Inauguration President-elect Trump will be sworn in on Jan. 20 and may unleash a …

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Analysts Eye Bitcoin Rally After Bullish CPI Print - Cointelegraph

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7 hours ago · On Jan. 15, the US Consumer Price Index (CPI) report tipped lower-than-expected core inflation in December, causing Bitcoin’s spot price to rally from around $96,000 to nearly …

cointelegraph.com

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Bitcoin Sinks After US CPI Report Shows Inflation ... - Yahoo Finance

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Oct 13, 2022 · Bitcoin tumbled nearly 3% in the minutes after the report to its lowest level since Sept. 21. As of press time, the largest cryptocurrency by market value was changing hands at …

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Stock Market Today: Dow, S&P 500, Nasdaq Soar As Inflation Cools, …

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12 hours ago · Stocks took a leg higher after the Consumer Price Index (CPI) showed progress toward the Fed's 2% inflation target in December. Prices climbed 0.2% month-on-month on a …

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FAQs about Bitcoin Price Rises After CPI Inflation Report. Why the Data Coupon?

How did bitcoin respond to inflation?

Bitcoin’s strong response to the inflation data suggests that markets had expected inflation concerns to persist, but were hoping for stability or signs of easing. The Federal Reserve has indicated that interest rates will remain unchanged for the year, which has kept some riskier assets like cryptocurrencies on investors’ radar. ...

Why did demand for bitcoin increase in December?

Demand for Bitcoin grew shortly after the Bureau of Labor Statistics reportedthat the consumer price index, or CPI—a measurement of inflation determined by analyzing the average price change of everyday goods and services over time—had increased in December, in line with economists’ expectations. ...

Why did bitcoin hit a new weekly high?

Bitcoin hit a new weekly high, breaking the $98,500 mark, after the U.S. Labor Department released the Consumer Price Index (CPI) data for December. Despite concerns over inflation and the Federal Reserve’s decision to leave interest rates unchanged this year, Bitcoin and other cryptocurrencies saw a strong upward movement. ...

Why is bitcoin up today?

Wed, Jan 15, 2025, 3:11 PM2 min read Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both yesterday's producer price index and today's consumer price index were relatively moderate,” said Zach Pandl, head of research at digital asset manager Grayscale. ...

Why did bitcoin rise 32% on Wednesday?

Bitcoin rose 3.2% on Wednesday, after the consumer-price index report showed that core inflation was softer than forecast in December. The largest cryptocurrency was trading at around $99,613 on Wednesday, again approaching the $100,000 milestone. It is still roughly 8% away from its peak of $108,309 reached on Dec. 17. ...

Will FED rate cuts 'back on the table' reshape bitcoin?

Bitcoin rebounds to $100,000 as inflation data puts Fed rate cuts ‘back on the table’ Bitcoin rose 4% on Wednesday following news of slowing inflation. ·Fortune Catherine McGrath Wed, Jan 15, 2025, 3:11 PM2 min read Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. ...