US CPI Data: What is the CPI Effect on Crypto? - YouHodler

The US CPI details market inflation statistics that updates every month. In the US, the Bureau of Labor Statistics (BLS) measures the changes in consumer market prices. TheBLS publishes two indexes per month: ‍ - The CPI-U, which surveys urban consumers, - and the CPI-W. The CPI-U index covers urban … See more

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US CPI Comes In At 2.9%, Will Bitcoin Price And Crypto ... - CoinGape

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10 hours ago · The crypto community has been eagerly awaiting the US Consumer Price Index (CPI) data as it marks a major economic event to influence the market. The US CPI report for …

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US CPI Data Released: With A 2.6% Increase, This Is How

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Nov 13, 2024 · The monthly CPI and core CPI were forecasted to rise 0.2% and 0.3%, respectively, matching last month’s pace. However, the numbers now stand at 2.6%. Potential …

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Bitcoin Could Face Potential Volatility Ahead Of US CPI Data - FXStreet

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14 hours ago · Bitcoin expects volatility ahead of US CPI data Bitcoin’s price recovery continues on Wednesday, trading above $97,200 after rebounding from the $90,000 psychological level …

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U.S CPI Data Released: Inflation Rate Rises To 2.9%, Crypto

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10 hours ago · The December inflation data met forecasts, showing a Year-over-Year (YoY) CPI increase of 2.9%, up from 2.7% in November. Core CPI, which excludes volatile food and …

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US Inflation Data Looms: How Will Crypto Market React To The …

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May 8, 2023 · This week, the US Consumer Price Index (CPI) inflation data is expected to be released, with headline figures anticipated to remain at last month’s +5.0% YoY. However, the …

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How Does This Latest US Inflation News (CPI At 2.7%) Reflect At …

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Dec 11, 2024 · The U.S. consumer price index was up 2.7% year-over-year for November, above the Fed’s target of 2%. Markets currently expect a rate cut of 0.25 percentage point in the …

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US Headline CPI Gained 2.9% In The Year To December - FXStreet

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13 hours ago · The US Consumer Price Index (CPI) report for December, a critical gauge of inflation, is set to be released on Wednesday at 13:30 GMT, courtesy of the Bureau of Labor …

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US CPI Data Release: Bitcoin Price Rises Above $98,000

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1 day ago · Bitcoin Price Responds to US CPI Data. According to the December 2024 US CPI data, inflation has risen to 2.9%, up 0.2% from the 2.7% seen in November. The US Bureau of …

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US CPI Data Shows A Slowdown In Inflation! Here’s How The …

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Apr 12, 2023 · Today, the Bureau of Labor Statistics unveiled the latest US Consumer Price Index (CPI) figures for March, revealing a 5% increase in annual inflation and a modest 0.1% month …

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In-depth Analysis: Here's What The CPI Data Is Telling Us. The

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The biggest crypto market is still the US (hopefully that will be more balanced in the future). And right now, one of the many concerns in this market is US inflation. CPI is up 1.3%, hitting a …

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FAQs about US CPI Data: What is the CPI Effect on Crypto? - YouHodler Coupon?

How does inflation affect crypto prices?

In this way, an increase in inflation, as indicated by the CPI, can potentially drive up the demand for cryptocurrencies and, subsequently, their prices. However, the relationship between inflation, CPI, and crypto is not always straightforward. Sometimes, the market reacts to CPI crypto news in unexpected ways. ...

How does the CPI affect cryptocurrencies?

The CPI can impact the crypto market by influencing investors' perceptions of inflation and the relative attractiveness of cryptocurrencies as an inflation hedge. When inflation is on the rise, as indicated by the CPI, it can increase demand for cryptocurrencies and drive up their prices. ...

How does US CPI news affect the crypto market?

In fact, US CPI news can have a significant impact on the crypto market, particularly on assets like Bitcoin, which are often seen as a hedge against inflation. As inflation rises, the purchasing power of fiat currencies like the US dollar tends to decrease. ...

Will a higher CPI lead to a sell-off in the crypto market?

For example, an anticipated increase in the CPI might not lead to an immediate boost in crypto prices if the market has already priced in the inflationary expectations. Conversely, a lower-than-expected CPI reading could prompt a sell-off in the crypto market, as investors reassess their inflationary outlook. ...

Why should you compare US CPI data to crypto indexes?

Comparing the US CPI data to crypto indexes provides valuable market insights to crypto traders. The US CPI can also be compared to its past data to analyze trends. It's also useful to prepare for inflation or develop an investment strategy that supports your goals. ...

Why should we use the CPI as an indicator?

Using the CPI as an indicator, we can make informed predictions on the risks or benefits of crypto. Crypto, like other trading assets, can be a risky investment. We can use the CPI and its subcategories to determine volatility in the crypto market. Certain categories, like energy and food, are more pertinent to crypto than others. ...