Cumberland Favors Bitcoin Option Trades to Profit From US CPI
Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said. Source
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CPI
Bitcoin Drops Below $17k Pre CPI, Scenarios To Prepare For
A week could not be more important for Bitcoin and the broader crypto market! On Tuesday, at 08:30 ET, there will be the release of the Consumer Price Index (CPI). Just one day later, on Wednesday, December 14 at 14:00 ET, the Federal Open Market Committee (FOMC) will hold its last
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BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAttention turns to Bitcoin vs. CPI "big trigger"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to come closer to $17,000 after passing the level
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Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data – Bitcoin News
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts believe these economic trends contributed to
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Bitcoin Bounces On Lower Than Expected CPI Data
Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing
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Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Bitcoin (BTC) surged $1,000 in five minutes before the Nov. 10 Wall Street open as United States inflation and jobs data boosted risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI comes in lowest since the start of 2022Data from Cryptox Markets Pro and TradingView showed BTC/USD climbing to daily highs
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Funding rates hit 6-month high before CPI — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of November battling some familiar FUD — how will BTC price action react?The largest cryptocurrency managed a weekly close just below $21,000 on Nov. 6 — an impressive multi-week high — but remains fixed in a sticky trading range.Despite seeing highs of nearly $21,500
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Bitcoin Shakes Off Bears Following CPI Release, But Will This last?
Bitcoin saw a shaky market day following the release of the CPI data. While the projections for the inflation rates were high,
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Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control
Cryptocurrency traders were caught by surprise after the Oct. 13 Consumer Price Index Report showed inflation in the United States rising by 0.6% in September versus the previous month. The slightly higher-than-expected number caused Bitcoin (BTC) to face a 4.4% price correction from $19,000 to $18,175 in less than three
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BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sticks by $21,000 targetData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it presented some textbook moves to accompany the U.S. Consumer Price Index (CPI) print for September.Coming
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