Higher CPI Inflation Forces Markets To Reprice
August CPI inflation data was worse than expectated and the markets repriced in response. Bitcoin falls more than 10% and the S&P 500 closes down 4.3%. The below is an…
Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by…
Bitcoin Drops Below $22,000 As U.S. CPI Declines Less Than Expected To 8.3%
Bitcoin failed to hold $22,000 as declines in energy prices drove down U.S. CPI less than expected to 8.3% in August; all other sectors rose MoM. Inflation fell to 8.3%,…
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Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review
Macro markets and geopolitics dominated the news this week, with Russia cutting off Europe’s gas supply, hedge funds betting against Italian debt, and the International Monetary Fund’s bailout for Zambia…
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‘No Middle Class Left,’ ‘Millions Will Be Wiped Out’ — Two Market Crash Predictions, Gas Cartels, and Whales Moving Mt Gox Coins: Bitcoin.com News Week in Review
In this week’s Bitcoin.com News Week in Review, one market strategist issues a dire warning about the U.S. economy and a large market crash that could cause a “50 to…
Inflationary Bear Market Spells Trouble For Investors
With more good news is bad news jobs data, the world’s inflationary bear market is spelling trouble ahead. The below is an excerpt from a recent edition of Bitcoin Magazine…
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Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star…
U.S. Inflation Slowed To 8.5% In July. Bitcoin Claims $24,000
U.S. CPI data came lighter than expected at 8.5% in July, but rampant inflation is still present in the energy sector; bitcoin jumps. U.S. CPI data for the month of…
Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Inflation Falls to 8.5%
Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at…