Consumer Price Index

consumer price-index

Bitcoin dropped below $40,000 on Monday (CoinDesk)

Markets

After Bitcoin’s Weak Start to the Year, Analysts Now Predict Price Increase

One analyst sees stubbornly high inflation numbers coupled with a continuation of negative real interest rates as key market catalysts.

By Lyllah Ledesma

Jan 14, 2022 at 2:16 p.m. UTC

Jan 14, 2022

BitcoinInflationFederal ReserveConsumer Price IndexTradingInvesting

(olieman.eth/Unsplash, modified by CoinDesk)

Markets

Consumer price index

US Inflation Rose to Nearly Four-Decade High of 7% in December

The consumer price index is closely watched by bitcoin investors who view the cryptocurrency as a hedge against inflation.

By Helene Braun

Jan 12, 2022 at 1:42 p.m. UTC

Jan 12, 2022

Consumer Price IndexInflationBitcoinEconomy

Markets

Consumer price index

Traders Will Be Watching if December CPI Confirms Inflation at 4-Decade High

Tighter Fed monetary policy could put more downward pressure on risky assets from stocks to cryptocurrencies.

By Helene Braun

Jan 11, 2022 at 9:05 p.m. UTC

Jan 11, 2022

Consumer Price IndexBitcoinInflationFederal Reserve

Consumer Price Index Report (CPI report) data shows fast rise in inflation. (Bureau of Labor Statistics)

Markets

Economy

US Inflation Jumps to 39-Year High of 6.8% in November; Bitcoin Falls

Prices for bitcoin, seen by a growing number of investors as a hedge against inflation, jumped 2% after the CPI report from the U.S. Department of Labor’s Bureau of Labor Statistics.

By Lyllah Ledesma

Dec 10, 2021 at 10:44 p.m. UTC

Dec 10, 2021

EconomyTradingBitcoinInflationConsumer Price Index

Markets

Inflation

US Inflation’s 3-Decade-High Surge Provides Tailwind for Bitcoin

The Labor Department’s Consumer Price Index is closely tracked by bitcoin traders because the cryptocurrency is seen by some investors as a hedge against inflation.

By Bradley Keoun

Nov 10, 2021 at 1:41 p.m. UTC

Nov 10, 2021

InflationConsumer Price IndexEconomyCryptocurrency MarketsBitcoin