“Inflation

PCE Inflation Fell – Could This Spell Trouble for Bitcoin’s Price?

PCE Inflation Fell – Could This Spell Trouble for Bitcoin’s Price?

PCE inflation is the core Personal Consumption Expenditures index updated by the US Bureau of Economic Analysis. Financial media outlets often refer to the Bureau of Labor Statistics’ Consumer Price Index (CPI). But, the Federal Reserve favors the PCE for the economic analysis involved in its decision-making process. Inflation in US prices across the core […]

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Higher Inflation Shakes Bitcoin: Could Whales Prepare to Capitalize on Retail Overreactions?

Higher Inflation Shakes Bitcoin: Could Whales Prepare to Capitalize on Retail Overreactions?

Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000. As discussions around “CPI” reached their highest level in 15 months, data suggest that this could very well be a classic case of “sell

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USD Inflation Grows for First Time in 8 Months as BTC Marks New ATHs

USD Inflation Grows for First Time in 8 Months as BTC Marks New ATHs

The trailing 12-month percentage change for all items in the Consumer Price Index (CPI) fell to 2.6% in October, according to the latest US Bureau of Labor Statistics data out Wednesday. That may signal the beginning of a bull market in dollar-denominated assets across the board as the economy roars into 2025. The CPI measures the

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New Inflation Read Signals Fed Rate Cut in Tailwind for Bitcoin’s Price

New Inflation Read Signals Fed Rate Cut in Tailwind for Bitcoin’s Price

It could be a buy the rumor, sell the news situation with Bitcoin price and the Labor Department’s CPI report Wednesday morning. Spot Bitcoin on crypto exchanges did rise sharply Tuesday and rallied into Wednesday morning but the landscape changed later that day and BTC fell to $58,000. Economists were expecting a lower inflation readout

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