U.S. Inflation Data Incoming: What’s Next for Bitcoin and Altcoins?

20 hours ago · Bitcoin’s (BTC) swift recovery from below $90,000 earlier this week has reignited bullish sentiment. However, according to analyst Omkar Godbole, today’s U.S. inflation data, …

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U.S. Inflation Data Incoming: What’s Next For Bitcoin And Altcoins?

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20 hours ago · Bitcoin’s (BTC) swift recovery from below $90,000 earlier this week has reignited bullish sentiment. However, according to analyst Omkar Godbole, today’s U.S. inflation data, …

thebitjournal.com

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U.S CPI Data Released: Inflation Rate Rises To 2.9% ... - Coinpedia

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7 hours ago · The incoming Trump administration’s anticipated policies—including stricter immigration controls, a more relaxed fiscal stance, and reimposed tariffs on imports from …

coinpedia.org

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US CPI Inflation Data Comes In At 2.7% Signaling BTC & Altcoins …

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Dec 11, 2024 · The US CPI inflation comes in at 2.7%, in line with the market expectations. The Core CPI remained steady at 3.3% in November, sparking optimism. The inflation figures has …

coingape.com

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Bitcoin Up 1%, Braces For Volatility Ahead Of Inflation Data Release

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7 hours ago · Investors brace for potential market volatility as December CPI data approaches, with expectations of rising inflation and impact on bond yields and equity markets due to …

benzinga.com

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Bitcoin Rebounds To $100,000 As December Inflation Data Puts

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44 minutes ago · Bitcoin’s rebound is benefitting the rest of the market, too. The crypto industry’s market cap grew $150 billion in the last 24 hours with altcoins Ethereum gaining 7% and …

fortune.com

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Bitcoin Corrects As US Inflation Data Emerges - Cointelegraph

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Nov 14, 2024 · Bitcoin (BTC) 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, …

cointelegraph.com

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Bitcoin Cracks $28K On CPI Amid Warning US Inflation

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May 10, 2023 · Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000.

cointelegraph.com

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America's Inflation Data Supports Case For Rate Cuts - Where Does …

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Dec 13, 2024 · 1. What’s the Fed to do now? 2. Bitcoin and the Fed’s rate cuts: What to expect Inflation in the U.S. dropped to 2.9% in July, the lowest it’s been since March 2021, but the …

cryptopolitan.com

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Will US Inflation Data Boost Or Sink Bitcoin This Week? - BeInCrypto

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Sep 9, 2024 · Bitcoin hovers at $54,000 amid concerns over upcoming US economic events and potential market volatility. The Trump-Harris debate and US inflation data could significantly …

beincrypto.com

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Breaking: US Inflation Data Comes In At 2.3%, What Next For …

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Nov 27, 2024 · The US inflation data has come in at 2.3% YoY, as expecteda development which could have a significant impact on Bitcoin.

coingape.com

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Bitcoin, Ethereum, And Dogecoin Rebound Sharply On Lighter …

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Leading cryptocurrencies charged higher Tuesday amid softer-than-expected wholesale inflation data. Ethereum (CRYPTO: ETH) What Happened: Bitcoin soared to a weekly high of $97,350 …

msn.com

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Bitcoin And Inflation: What’s Next For BTC After CPI Rates Came In ...

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Apr 12, 2023 · Will Bitcoin Reach New Heights Or Experience A Correction? Although the report revealed a CPI rate of 5.0%, which was lower than what many had anticipated at 5.2%, …

tradingview.com

FAQs about U.S. Inflation Data Incoming: What’s Next for Bitcoin and Altcoins? Coupon?

Is a bull market over for altcoins?

Bitcoin, Ethereum, And Dogecoin Rebound Sharply On Lighter Inflation Data: Top Trader Says Despite Expectations For Bull Market To Be Over, It's An Ideal Climate For Altcoins. Leading cryptocurrencies charged higher Tuesday amid softer-than-expected wholesale inflation data. ...

Will bitcoin ever hold up against inflation?

Bitcoin Has Not Held Up Well Against Inflation. Will It Ever? Many investors see Bitcoin as a hedge to inflation because of its finite supply of tokens. Some investors even refer to Bitcoin as "digital gold." But it's been hard to put much stock in the concept, largely because Bitcoin remains so volatile. ...

Is there a correlation between altcoins and Bitcoin?

In general, there is a correlation between altcoins and Bitcoin. Most coins do depend on the value of bitcoin. Because bitcoin is the most known form of cryptocurrency and holds the most value, other altcoins often fluctuate in tandem with the value of bitcoin. Factors that influence the value of bitcoin often have the same effects on altcoins. ...

Does bitcoin outpace inflation?

While the U.S. dollar has fallen, bitcoin has far outpaced its value, rewarding early investors. But the cryptocurrency is highly volatile: Talk to recent investors who lost money when bitcoin cratered, and they might tell you that their investment has not outpaced inflation in the short term. ...

Are Binance traders going long on Bitcoin?

The percentage of Binance traders going long on Bitcoin dipped from 62% to 55% in the last 24 hours, suggesting that the market was bracing for another correction. The "Greed" sentiment strengthened from 63 to 70 in the last 24 hours, according to the Crypto Fear & Greed Index ...

Do bitcoin ETFs see a record 4 days of outflows?

Bitcoin ETFs see a record four days of outflows. Madison Mills joins Morning Brief to outline what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan. ...