1 / 1 Relevant items tagged with #CPIData

Posts

Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data

[Sep 11 4:09 PM] The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the…

Why Bitcoin is still poised to break $74K before end of year

[Aug 12 11:20 AM] Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.

Ryze Labs Weighs In: Fed’s Stance on Interest Rates and Its Impact on Market Dynamics

[Jun 14 12:36 PM] Following the release of lower-than-anticipated CPI data on June 12, U.S. equities climbed to record highs, with bitcoin exceeding $70,000. However, Ryze Labs, a venture capital firm investing in blockchain and Web3 projects worldwide, particularly…

Crypto downturn nukes $190M leveraged positions as traders eye CPI data

[Jun 12 2:53 AM] The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday, June 7.

Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+

[May 13 3:07 PM] Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.

Bitcoin Rally Cools Following CPI Release, But Bulls May Not Be Done

[Mar 15, 2023 9:30 AM] On Tuesday, the crypto market went crazy with euphoria as Bitcoin rose from a daily low of around $22,800 to over $26,300. This move came as assets in the space began to regain their footing following the bank crisis that affected USDC, one of the…

Bitcoin Falls Back To $24,000 After Briefly Topping $26K – Will BTC Backpedal Further?

[Mar 15, 2023 3:30 AM] Bitcoin price declined on Tuesday afternoon, reversing the day’s early gains, as the broader crypto market reacted to the latest financial sector crisis and inflation data headlines. Bitcoin (BTC) was trading at $24,833 at the time of…