Bitcoin price nears $25K as analysts place bets on CPI impact
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown triggered by CPI. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown triggered by CPI. Go to Source Powered by WPeMatico
It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8. Go to Source Powered by WPeMatico
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession … Read more
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today’s CPI report are front of mind for many investors. Go to Source Powered by WPeMatico
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts … Read more
Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations. Go to Source Powered by WPeMatico
It’s all about macroeconomic data this Valentine’s Day as Bitcoin bulls face a test from a familiar source. Go to Source Powered by WPeMatico
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts. Go to Source Powered by WPeMatico
Bitcoin price hit a year-to-date high near $19,000 as pro traders used leverage to propel the pump, but derivatives data hints at reasons for BTC price to retest $17,300. Go to Source Powered by WPeMatico
BTC price action returns to consolidate on the U.S. CPI release, with Bitcoin firmly undecided on short-term direction. Go to Source Powered by WPeMatico