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

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 …

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

2 weeks from now

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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US Economic Data That Could Shake Bitcoin This Week - BeInCrypto

2 weeks from now

2 days ago · US PPI and CPI reports on Tuesday and Wednesday may influence Bitcoin by signaling inflation trends and Fed policy. ... As of this writing, Bitcoin is trading at $94,045, a …

beincrypto.com

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US CPI Inflation & PPI Data In Focus; Will It Impact BTC ... - CoinGape

2 weeks from now

3 days ago · The market participants eagerly awaits the US CPI inflation and PPI data this week. The US CPI inflation is likely to come in at 2.9%, up from the prior month's figure. Bitcoin and …

coingape.com

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Has US Inflation Peaked? 5 Things To Know In Bitcoin This Week

2 weeks from now

With fresh U.S. inflation data due, the macro picture could yet upset the status quo, while sellers likewise show no sign of budging to allow a reclaim of levels above $25,000. Amid continued …

coinlive.com

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US Economic Data: CPI And PPI Reports In Focus This Week

2 weeks from now

Dec 9, 2024 · The December 11 CPI report is expected to show inflation at 2.7% year-over-year, with core CPI steady at 3.3%. Rising inflation could attract investors to Bitcoin as a hedge. …

beincrypto.com

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Bitcoin Corrects As US Inflation Data Emerges - Cointelegraph

2 weeks from now

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

2 weeks from now

18 hours ago · U.S. Inflation Data Awaited Today. Bitcoin’s (BTC) swift recovery from below $90,000 earlier this week has reignited bullish sentiment. However, according to analyst …

thebitjournal.com

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US Inflation Data Will Be 'messy' — 5 Things To Know In Bitcoin This …

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Jul 11, 2022 · US inflation data will be 'messy' — 5 things to know in Bitcoin this week ... Ending Sunday a full $1,600 higher than its position at the start of the week, Bitcoin thus sealed …

cryptonews.net

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Bitcoin Rises As US Inflation Slows More Than Expected In June

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Jul 11, 2024 · Amid a red-hot economy roaring back from pandemic-related pressures, inflation reached a more than four-decade high of 9.1% in June 2022. Following that inflation reading …

decrypt.co

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

2 weeks from now

5 hours ago · The S&P 500 flirted with breaking below $5,800 and Bitcoin briefly dropped below $90,000 on Monday, demonstrating market fragility. Bitcoin is trading around $97,000 at the …

benzinga.com

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Why This Week's US Economic Data Could Move Bitcoin Prices

2 weeks from now

Sep 16, 2024 · Key US macroeconomic events this week could affect Bitcoin's range-bound trading between $60,000 and $57,000. Retail sales data, FOMC interest rate decision, and …

beincrypto.com

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Bitcoin Climbs After Surprise Slowdown In Core Inflation

2 weeks from now

1 hour ago · Bitcoin rose nearly 3% to $99.3K as softer core inflation data raised expectations for continued Fed rate cuts, boosting crypto and related stocks.

seekingalpha.com

FAQs about Will US Inflation Data Boost or Sink Bitcoin This Week? - BeInCrypto Coupon?

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. ...

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. ...

Why did bitcoin rise 3% to $99.3k?

Bitcoin rose nearly 3% to $99.3K as softer core inflation data raised expectations for continued Fed rate cuts, boosting crypto and related stocks. ...

Why did Bitcoin (BTC-USD) drift higher?

Bitcoin (BTC-USD) drifted higher in Wednesday afternoon trading, hovering just below the $100K level, after a softer-than-forecast core inflation print reinforced bets the Federal Reserve is on track to continue lower borrowing costs this year. ...

Will the fed lower interest rates earlier than expected?

The core rate rose 0.2% in December vs. +0.3% in November, translating to a 3.2% year-over-year increase vs. +3.3% Y/Y in November. The softer prints (which completely overshadowed an ongoing acceleration in headline CPI) fueled speculation that the Fed would lower interest rates earlier than expected. ...

Which Crypto-linked stocks are gaining momentum?

Crypto-linked stocks also largely gained momentum, including MicroStrategy (MSTR) +6%, Coinbase Global (COIN) +7.9%, Galaxy Digital Holdings (OTCPK:BRPHF) +7.4%, Bakkt Holdings (BKKT) +3.9%, Riot Platforms (RIOT) +9.8%, MARA Holdings (MARA) +4.9%, HIVE Digital Technologies (HIVE) +6.5% and Bit Digital (BTBT) +8.6%. ...