Bitcoin Surges to $59K as U.S. Inflation Takes Unexpected Dip

Jul 11, 2024 · Today’s financial headlines are buzzing with unexpected news: U.S. inflation has taken an unexpected dip, dropping 0.1% in June according to the latest Consumer Price Index …

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

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Jul 11, 2024 · Today’s financial headlines are buzzing with unexpected news: U.S. inflation has taken an unexpected dip, dropping 0.1% in June according to the latest Consumer Price Index …

nasdaq.com

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Bitcoin Spikes To $59K, Retraces The Gains: What Is Going On?

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Jul 11, 2024 · The decline in the CPI marks the third consecutive inflation rate decline, a trend not observed since May 2023. Bitcoin spot ETFs have been actively buying the dip , with a fresh …

benzinga.com

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Bitcoin Surfs US PPI Overshoot As BTC Price Recovers From Sub-$59K Dip

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Oct 11, 2024 · Bitcoin 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. Bitcoin …

cointelegraph.com

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Bitcoin Reclaims $97k As US Inflation Data Drives Risk-on Rally

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Bitcoin shot back to $97,044 on Tuesday, climbing 4.5% in a single day after plunging below $90,000 earlier in the week. ... Bitcoin reclaims $97k as US inflation data drives risk-on rally ...

msn.com

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

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Jun 12, 2024 · Bitcoin Surges as Cooler Inflation Revives Rate Cut Hopes. ... US Europe Asia Rates Commodities Currencies Cryptocurrencies . S&P 500. 5,970.84-66.75 (-1.11%) Dow 30.

yahoo.com

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Bitcoin's $59K Surge Leads To $71M In Short Squeezes—Here ... - Benzinga

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Feb 28, 2024 · Bitcoin (CRYPTO: BTC) on Wednesday morning saw its value surge to $59,000, fueled by enthusiastic market sentiment, substantial institutional investment, and anticipated …

benzinga.com

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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 …

businessinsider.com

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

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Oct 11, 2024 · With Thursday’s publication of the inflation figures for September, it was found that CPI had risen 0.2%, while core CPI had increased to 0.3%. While this news may have …

investing.com

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Bitcoin Jumps As U.S. Inflation Slows, Though Remains Sticky

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Bitcoin jumps more than 3% after President Joe Biden on Tuesday said a new report on the U.S. consumer price index reflected progress on inflation while there is more work to be done.

marketwatch.com

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Bitcoin Surges Above $59K As Bull Rally Continues - CoinDesk

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Feb 28, 2024 · Bitcoin (BTC) surged above the $59,000 level in European morning hours on Wednesday, adding 5% in the past 24 hours and reaching a $1.2 trillion market capitalization.

coindesk.com

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Bitcoin Dips As ETFs Break 19-day Green Streak, Rumble Over US Inflation

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Jun 11, 2024 · Bitcoin fell 2.3% to a weekly low early on June 11, and ETFs saw outflows the day before, a sign of traders’ nerves ahead of inflation data and a Fed meeting. Bitcoin dips as …

cointelegraph.com

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Bitcoin Leads Crypto Surge On Tuesday | The Motley Fool

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Oct 29, 2024 · Cryptocurrencies rallied on Tuesday as funds flowed into the industry rapidly again. The biggest tokens were the biggest beneficiaries with Bitcoin (BTC 2.65%) climbing to …

fool.com

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Bitcoin Eyes $60K With Better Than Expected Inflation Data In The US

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Sep 14, 2024 · Bitcoin has seen steady growth, recovering from $54,000 to $58,000. Key events included the FBI's report on crypto scams, the U.S. losing $4.8 billion, and the release of CPI …

indiatimes.com

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US PPI Inflation Data Further Sparks Concern Over Bitcoin Dip Ahead

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Oct 11, 2024 · The US PPI inflation came in hotter-than-anticipated, sparking concerns over Bitcoin dip ahead. The latest showed that the inflation soared to 1.8%, topping market …

coingape.com

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Key BTC Price Levels Emerge As Bitcoin Hits $58K On ‘sticky’ US PPI

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Jul 12, 2024 · Bitcoin tagged $58,000 around the July 12 Wall Street open as markets reacted to “sticky” United States inflation data. BTC/USD 1-hour chart.

cointelegraph.com

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Bitcoin Slips To $59K Despite Increased Demand From US Investors

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Aug 30, 2024 · Bitcoin's price dropped below $60K as investors began taking profits from last week's rally. CryptoQuant's report states that Bitcoin has seen increased demand in the US, …

fxstreet.com

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Bitcoin Price $50,000 Milestone Short-lived As US CPI Inflation …

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Feb 13, 2024 · US CPI inflation in January printed at 3.1% on a yearly basis, above the 2.9% market expectation. Bitcoin (BTC) price has repelled the $50,000 milestone after the Monday …

fxstreet.com

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Bitcoin Sinks Below $60K As CPI Data Dashes Hopes For ... - Benzinga

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Aug 14, 2024 · Bitcoin prices took a sharp dip during a volatile session on August 14, dropping 4.75% to around $58,885 after the U.S. Consumer Price Index (CPI) data for July was …

benzinga.com

FAQs about Bitcoin Surges to $59K as U.S. Inflation Takes Unexpected Dip Coupon?

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. ...

How has Bitcoin BTC changed over the past 24 hours?

In mid-afternoon U.S. trading, bitcoin { {BTC}} was lower by about 4% over the past 24 hours. At $59,000, the price has returned to levels not seen since the U.S. Federal Reserve unexpectedly slashed its benchmark interest rate by 50 basis points in mid-September. ...

Why did bitcoin break through $70,000 on Tuesday?

There were big buyers in the market, driven by the popular exchange Binance overnight. Quantitative traders have highlighted the inflow of Bitcoin buyers and that was boosted by $175 million in liquidations of short positions. Volume doubled on Tuesday and Bitcoin broke through $70,000, which is considered a point of resistance for the token. ...

Why did bitcoin drop so much last week?

Last week, Bitcoin dropped sharply after stronger-than-expected payroll data sent bond yields soaring. Investors, spooked by rising yields and Trump’s proposed tariffs, fled risk assets in droves. Despite the rollercoaster, Bitcoin is still up 3% year-to-date and remains a favorite among risk-hungry investors. ...

Which cryptocurrency has risen the most in the past 24 hours?

The biggest tokens were the biggest beneficiaries with Bitcoin (BTC 5.15%) climbing to near an all-time high. As of 1:30 p.m. ET, Bitcoin had risen 5.6% in the past 24 hours to $72,950, Ethereum (ETH 5.67%) was up 6.8% to $2,676, and Dogecoin (DOGE 11.51%) had jumped 17.8% to $0.1778. ...

Why are crypto prices falling on Thursday?

Crypto prices are sharply lower on Thursday, led by bitcoin's 4% decline. 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. ...