Bitcoin surfs US PPI overshoot as BTC price recovers …

Bitcoin corrects as US inflation data emerges - CointelegraphBitcoin dips as ETFs break 19-day green streak, rumble over US inflation

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

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15 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 Renews Push To $100K, Reclaims $99K, As US Inflation Rises …

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US Inflation Rises to 2.9%, Bitcoin Responds Bitcoin has renewed its push toward $100,000, reclaiming the $99,000 mark following the latest U.S. Consumer Price Index (CPI) data …

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Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory …

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Oct 10, 2024 · Crypto began the day on a weak foot after the U.S. Consumer Price Index report showed an unexpected re-acceleration of inflation in September. The news seemingly drove a …

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Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory …

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Oct 10, 2024 · Crypto prices are sharply lower on Thursday, led by bitcoin's 4% decline. Declines grew after an SEC lawsuit against digital asset market maker Cumberland DRW. BTC will …

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Bitcoin Price Today: Rebounds To $97k; Traders Await US Inflation …

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2 days ago · Fundstrat's head of research sees Bitcoin hitting $250k by year-end. Bitcoin dipped below $90,000 on Monday before staging an impressive rebound above $97,000 today. …

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Bitcoin Surfs US PPI Overshoot As BTC Price Recovers From Sub …

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Bitcoin avoids fresh dive as PPI adds to inflation woes. Data from Cointelegraph Markets Pro and TradingView showed new local highs of $61,476 on Bitstamp.. The latest US macro data print …

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Bitcoin Corrects As US Inflation Data Emerges - Cointelegraph

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Nov 14, 2024 · Bitcoin traded down by 4.1% on Nov. 14 following US inflation data that marginally exceeded market expectations.This decline mirrored the S&P 500 index futures, which fell …

cointelegraph.com

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Bitcoin Reclaims $70K After Initial Dip From US Inflation Figures

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Apr 11, 2024 · Bitcoin dropped about 4% shortly after the Fed released the inflation figures, with the price falling to $67,482. However, the flagship crypto rebounded after the pullback to close …

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Bitcoin Surfs US PPI Overshoot As BTC Price Recovers From Sub …

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Oct 11, 2024 · Bitcoin BINANCE:BTCUSD edged toward $61,500 into the Oct. 11 Wall Street open as crypto ignored a fresh United States inflation curveball.Bitcoin avoids fresh dive as …

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Bitcoin Rebounds After Sub-$59K Dip As U.S. Inflation Rises: Is A ...

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Oct 11, 2024 · Bitcoin (BTC) bounced back on October 11 following a dip below $59,000, sparked by the latest Producer Price Index (PPI) report in the United States. Despite inflationary …

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Bitcoin Surfs US PPI Overshoot As BTC Price Recovers From Sub …

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Oct 11, 2024 · Bitcoin ( BTC ) edged toward $61,500 into the Oct. 11 Wall Street open as crypto ignored a fresh United States inflation curveball. BTC/USD 1-hour chart. Source: TradingView. …

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Bitcoin Surges To $59K As U.S. Inflation Takes Unexpected Dip

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Jul 11, 2024 · Bitcoin’s Rally to $59k. Bitcoin’s jump to over $59,000 right after the CPI report can be traced back to how investors read the situation. The drop in inflation hinted that the Federal …

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

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Sep 12, 2024 · Bitcoin surged almost 3% following the release of US inflation data, signaling optimism for a soft landing in the economy and bolstering bets on a Federal Reserve rate cut …

insidebitcoins.com

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Bitcoin Price Slips Below $60,000 After US CPI Data - Crypto News

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Aug 14, 2024 · The Bitcoin price slipped below $60,000 level on Wednesday in wake of US Consumer Price Index (CPI) inflation data that supported the case for the US Federal Reserve …

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Bitcoin (BTC) Sinks Under $59K As Inflation Records Unexpected …

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Oct 11, 2024 · Bitcoin (BTC) continued its current correction with a dip below $59,000 on Thursday. The alpha cryptocurrency may have been affected by the news out of the …

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FAQs about Bitcoin surfs US PPI overshoot as BTC price recovers … Coupon?

Why is bitcoin reclaiming $99,000?

US Inflation Rises to 2.9%, Bitcoin Responds Bitcoin has renewed its push toward $100,000, reclaiming the $99,000 mark following the latest U.S. Consumer Price Index (CPI) data release. The December 2024 report indicates a 2.9% annual increase in inflation, up from November's 2.7%, primarily driven by rising energy costs. ...

Why are Bitcoin prices dropping 4% on Thursday?

Crypto prices are sharply lower on Thursday, led by bitcoin's 4% decline. Declines grew after an SEC lawsuit against digital asset market maker Cumberland DRW. BTC will likely trade range-bound until the U.S. election, Lekker Capital's Quinn Thompson said in a Telegram interview. ...

Why did demand for bitcoin increase in December?

Demand for Bitcoin grew shortly after the Bureau of Labor Statistics reported that 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 is bitcoin up today?

“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. “It raises confidence about disinflation in the economy and the likelihood of Fed rate cuts this year.” ...

Why is fortune bitcoin up today?

·Fortune 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. ...

Will a re-acceleration in inflation cause a decline in BTC?

A re-acceleration in inflation pressure in September initially sent markets lower. Declines grew after an SEC lawsuit against digital asset market maker Cumberland DRW. BTC will likely trade range-bound until the U.S. election, Lekker Capital's Quinn Thompson said in a Telegram interview. ...