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October CPI Figures released by the Labor Department show that inflation is slowing in the US, even though rate hikes may not be over. The Consumer Price Index (CPI) remained flat in October, better than economists’ expectations that the CPI would rise by 0.1%. Core CPI also came in lower than
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Bitcoin price declined below the $36,000 zone. BTC tested the $34,650 support zone and is currently consolidating losses near $35,500. Bitcoin declined heavily
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Bitcoin (BTC) targeted $37,000 at the Nov. 14 Wall Street open as the latest United States inflation data undercut expectations.BTC/USD 1-hour chart. Source: TradingViewCPI offers Bitcoin, stocks a pleasant surpriseData from Cointelegraph Markets Pro and TradingView showed BTC price strength returning as the Consumer Price Index (CPI) reflected slowing inflation
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Bitcoin bulls may be hoping that the expected CPI report may present some respite for BTC, which has struggled to maintain momentum. The general financial market is anticipating the Consumer Price Index (CPI) today to put some figures in perspective regarding the state of the economy. In addition to economic indicators,
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Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August. According to figures published by the Labor Department, the prices of goods and services increased quicker than expected in September. The consumer price index (CPI) rose 0.4% in September and 3.7% compared
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The latest read on U.S. inflation Source
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Bitcoin (BTC) is clinging to the key $26,800 mark prior to the Oct. 12 Wall Street open as United States inflation data continued to beat expectations.BTC/USD 1-hour chart. Source: TradingViewBTC price reacts as CPI surpasses predictionsData from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying muted after two-week
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Bitcoin (BTC) starts the second week of October still up 4% month-to-date as geopolitical instability provides a snap market focus.BTC price action continues to hold steady at $28,000 — what will happen next as markets react to the war in Israel?In what could end up a volatile period for risk
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Bitcoin (BTC) hit new September highs after the Sep. 14 daily close as markets digested macroeconomic and crypto industry news.BTC/USD 1-hour chart. Source: TradingViewTrader: Bitcoin market "feels different"Data from Cointelegraph Markets Pro and TradingView tracked overnight BTC price highs of $26,535 on Bitstamp.The largest cryptocurrency had shaken off higher-than-expected United
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The global crypto market cap is rising despite the US Consumer Price Index (CPI) coming higher than expected and FTX’s liquidation approval. According to a report by CNN, data from the US Bureau of Labor Statistics shows the CPI, used to measure inflation in the country, registered a 0.6% hike in
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