U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report.
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Jul 11, 2024 at 12:41 p.m. UTC
Jul 11, 2024
Consumer Price Index
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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.
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Mar 12, 2024 at 12:37 p.m. UTC
Mar 12, 2024
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Why Inflation Data Matters for the Price of Bitcoin
The year-on-year percentage change in the U.S. consumer price index from 2013 to date looks eerily similar to the 1970s, according to Game of Trades. If history is a guide, in...
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Oct 31, 2023 at 3:30 p.m. UTC
Oct 31, 2023
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U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected
Higher oil prices were behind the big rise in headline inflation last month.
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Sep 13, 2023 at 12:38 p.m. UTC
Sep 13, 2023
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Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing
The U.S. government on Wednesday morning will release its latest official inflation data.
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Sep 12, 2023 at 1:11 p.m. UTC
Sep 12, 2023
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Bitcoin Price Hovers Around $29.5K After July CPI Data
The Consumer Price Index (CPI) rose 0.2% in July, in line with economists' forecasts. Path Trading Partners co-founder and chief market strategist Bob Iaccino discusses what t...
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Aug 10, 2023 at 4:44 p.m. UTC
Aug 10, 2023
U.S. July CPI Matches Estimates With 0.2% Monthly Growth
The number may decrease the chance the Fed will raise rates next month, a potential catalyst for bitcoin.
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Aug 10, 2023 at 12:40 p.m. UTC
Aug 10, 2023
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U.S. CPI Falls to 3% in June; Coinbase Shares Near One-Year High
Coinbase’s (COIN) shares rose to a near one-year high after the exchange announced a surveillance-sharing agreement with five spot bitcoin (BTC) exchange-traded fund (ETF) app...
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Jul 12, 2023 at 2:39 p.m. UTC
Jul 12, 2023
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Bitcoin Nears $31K After June U.S. Inflation Data
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May. Bitcoin (BTC) rose modestly to $30,90...
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Jul 12, 2023 at 2:36 p.m. UTC
Jul 12, 2023
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Bitcoin Above $28K Following April CPI Report
Bitcoin (BTC) is climbing back above the $28,000 level as the Consumer Price Index rose 0.4% in April. Fairlead Strategies founder and Managing Partner Katie Stockton weighs i...
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May 10, 2023 at 2:24 p.m. UTC
May 10, 2023