Bitcoin rebounds to $100,000 as inflation data puts Fed rate cuts ‘back on the table’
Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both yesterday's producer price index and today's consumer price index were relatively moderate,
Bitcoin approaches $100,000 on the heels of newly-released inflation data
On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 mark, driven by new inflation data. Minutes after the U.S. Bureau of Labor Statistics unveiled new data from the Consumer Price Index, bitcoin’s price jumped by $1,500, representing a 2% price improvement for the day.
Bitcoin Price Rises After CPI Inflation Report. Why the Data Matter for Crypto.
Whales have amassed almost 1 billion Dogecoin (CRYPTO: DOGE) within a span of 48 hours. What Happened: Cryptocurrency trader and analyst Ali Martinez shared data on X indicating a substantial upswing in Dogecoin purchases. This buying frenzy was ...
Bitcoin rebounds after better-than-expected inflation data: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Bitcoin-Nasdaq correlation hits 2-year high as mixed US inflation data clouds Fed’s path
Bitcoin-Nasdaq correlation reached its highest level in two years, as the release of US inflation data bolstered digital asset performance. Bitcoin and US tech stocks now have a 30-day correlation coefficient of 0.
Bitcoin Price Surges After Leak Reveals Imminent Trump Game-Changer—$100 Trillion Predicted
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on ...
Bitcoin correlation with Nasdaq soars as CPI fears intensify
Bitcoin price is increasingly sensitive to economic developments like the incoming CPI data, which could trigger more ...
Bitcoin touches $100,000 again as a cool inflation reading fuels risk appetite
Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on ...
Bitcoin flirts with $100,000 level as angst over Fed path eases
Bitcoin hovered near $100,000 after notching its biggest gain of the new year on reassuring US inflation data that lifted ...
decrypt1d
Bitcoin Smashes $99,000 as Inflation Rises to 2.9% in December
Inflation fears are eating away at Bitcoin’s post-election gains, and consumer prices rose a greater-than-expected pace in ...
Bitcoin price nears $100,000 ahead of Trump inauguration as US inflation cools
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Bitcoin climbs after surprise slowdown in core inflation
Bitcoin rose nearly 3% to $99.3K as softer core inflation data raised expectations for continued Fed rate cuts, boosting ...
Bitcoin Eases After Brief Return Above $100,000
The price of Bitcoin eased after briefly returning above $100,000 following an unexpected fall in U.S. core inflation data ...
Bitcoin Surpasses $100,000 As Political Optimism Drives Gains
Bitcoin prices rallied above $100,000 today, eliminating recent losses as anticipation surrounding crucial policy decisions ...
Bitcoin Surges Over 6% to $97,000 as Global Markets Rally and Key U.S. Inflation Data Looms
Bitcoin rose sharply on Jan. 14, 2025, surpassing $97,000 after several weeks of underperformance. The cryptocurrency climbed ...