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CPI

U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'
Video
Cdtv
U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'
"CoinDesk Daily" host Michele Musso breaks down the biggest headlines impacting the crypto industry today, as bitcoin climbs back up on lower-than-expected U.S. CPI data. Plus...
U.S. CPI Returns Flat in May; Donald Trump Wants All Remaining Bitcoin to Be 'Made in USA'
By CoinDesk Staff
Jun 12, 2024 at 3:59 p.m. UTC
Jun 12, 2024
cdtvMetaMaskCPIDonald TrumpCd daily
food shopping in brown bags
Markets
Cpi
U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
Softer inflation data could prove a boon to recently under pressure digital asset prices.
food shopping in brown bags
By Krisztian Sandor
Jun 12, 2024 at 12:42 p.m. UTC
Jun 12, 2024
CPIInflationMarkets
Scrabble letters spelling ETF arranged a rack
Markets
Trading
Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
Scrabble letters spelling ETF arranged a rack
By Shaurya Malwa
Jun 12, 2024 at 7:56 a.m. UTC
Jun 12, 2024
TradingMarketsBitcoinCPIFOMC
Bitcoin price on June 11 (CoinDesk)
Markets
Market wrap
Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.
Bitcoin price on June 11 (CoinDesk)
By Krisztian Sandor
Jun 11, 2024 at 5:11 p.m. UTC
Jun 11, 2024
Market WrapBitcoinFOMCCPILiquidations
The government's inflation report for April was released Wednesday morning (Getty Images)
Finance
Cpi
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
In a year of mostly bad news on inflation, the government's Wednesday report gave some hope that Fed rate cuts might still be on the table.
The government's inflation report for April was released Wednesday morning (Getty Images)
By Stephen Alpher
May 15, 2024 at 12:42 p.m. UTC
May 15, 2024
CPIInflationInterest RatesBitcoin
Bitcoin price on April 10 (CoinDesk)
Markets
Market wrap
Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print
Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC was up 1%.
Bitcoin price on April 10 (CoinDesk)
By Krisztian Sandor
Apr 10, 2024 at 9:00 p.m. UTC
Apr 10, 2024
Market WrapBitcoinInflationCPI
food shopping in brown bags
Finance
Inflation
U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
food shopping in brown bags
By Stephen Alpher
Apr 10, 2024 at 12:36 p.m. UTC
Apr 10, 2024
InflationCPIBitcoinInterest Rates
February inflation figures were released Tuesday (Frederick Warren/Unsplash)
Finance
Cpi
U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed's willingness to begin cutting rates.
February inflation figures were released Tuesday (Frederick Warren/Unsplash)
By Stephen Alpher
Mar 12, 2024 at 12:37 p.m. UTC
Mar 12, 2024
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Bitcoin fell from the $50,000 level after the January CPI report. (CoinDesk)
Markets
Bitcoin
Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation
The January CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
Bitcoin fell from the $50,000 level after the January CPI report. (CoinDesk)
By Krisztian Sandor
Feb 13, 2024 at 3:03 p.m. UTC
Feb 13, 2024
BitcoinMarket WrapCPIInflation
The U.S. CPI for December was released Tuesday morning (Getty Images)
Markets
Cpi
U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
The core rate of CPI inflation was higher by 4% year-over-year, in line with forecasts.
The U.S. CPI for December was released Tuesday morning (Getty Images)
By Stephen Alpher
Dec 12, 2023 at 1:41 p.m. UTC
Dec 12, 2023
CPIInflationBitcoin