Consumer Price Index

Medley Global Advisors Exec on BTC Price Outlook As CPI Jumps 8.5% in March

Medley Global Advisors’ Ben Emons discusses BTC price action as the Consumer Price Index (CPI) reaches a 40-year high of 8.5%. Emons explains bitcoin’s connection to inflation and the idea of “digital inflation,” noting the economic impact of rising gas prices.

By CoinDesk Staff

Apr 13, 2022 at 12:29 a.m. UTC

Apr 13, 2022

BitcoinGoldcdtvbtcaab clipInflationConsumer Price IndexCPIben emonsMedley Global Advisors

Concept of Inflation. Rising chart on the background with the text inflation.

Finance

First mover

First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI

The latest moves in crypto markets in context for April 8, 2022.

By Omkar Godbole Bradley Keoun Helene Braun

Apr 8, 2022 at 1:43 p.m. UTC

Apr 8, 2022

First MoverMarketsTradingInvestingBitcoinConsumer Price IndexInflation

Signage displaying fuel prices at a Shell gas station in San Francisco, California, U.S., on Monday, March 7, 2022. The average price of gasoline in the U.S. jumped above $4 a gallon for the first time since 2008 in a clear sign of the energy inflation that's hurt consumers since Russia invaded Ukraine.

Finance

Inflation

A Censorship-Resistant Inflation Index Is Being Built on Chainlink

Truflation currently measures a 13.3% inflation rate, as opposed to the 7.9% measured by the Consumer Price Index in March.

By Helene Braun

Apr 8, 2022 at 12:30 p.m. UTC

Apr 8, 2022

InflationConsumer Price IndexChainlinkBalaji Srinivasan

Markets

Bitcoin

Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked

The consumer price index, due out tomorrow morning, is expected to show inflation in February ticked up to 8% versus a year ago, a fresh four-decade high.

By Brian Evans

Mar 9, 2022 at 10:22 p.m. UTC

Mar 9, 2022

BitcoinBitcoinInflationConsumer Price IndexRussiaInvestingTradingEconomyFederal Reserve

US Inflation Hits New 4-Decade High of 7.5% in January

Video

Bitcoin price

US Inflation Hits New 4-Decade High of 7.5% in January

The Consumer Price Index (CPI) data for January released Thursday revealed prices have climbed 7.5% over the past year, the fastest pace since 1982. “The Hash” panel discusses the report and what this means for bitcoin as a potential hedge against inflation.

By CoinDesk Staff

Feb 10, 2022 at 7:33 p.m. UTC

Feb 10, 2022

Bitcoin PricecdtvHash clipInflationConsumer Price IndexCPIinflation hedge1982

Inflation remains high. (Jeffrey Coolidge/Getty)

Markets

Trading

US Inflation Hits New 4-Decade High of 7.5% in January

Bitcoin traders keep track of the inflation rate because some think of the cryptocurrency as an inflation hedge, and the Federal Reserve's expected response to economic conditions often dictates market direction.

By Helene Braun

Feb 10, 2022 at 1:43 p.m. UTC

Feb 10, 2022

TradingInvestingEconomyInflationConsumer Price Index

Markets

Bitcoin

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

Is Bitcoin Still a Good Inflation Hedge?

Video

Cdtv

Is Bitcoin Still a Good Inflation Hedge?

A key U.S. inflation report published Wednesday indicates consumer prices increased 7% in December from a year earlier at its fastest pace since June 1982. Separately, Turkey’s annual inflation rate has hit 36%, soaring to a 19-year high.

By CoinDesk Staff

Jan 13, 2022 at 9:47 p.m. UTC

Jan 13, 2022

cdtvaab clipInflationTurkeyConsumer Price IndexIsaiah Douglassinflation hedgeVincere Wealth Management

What's Behind This Week's Price Movement for BTC?

Video

Bitcoin price

What’s Behind This Week’s Price Movement for BTC?

Fernando Martínez Head of America at Hong Kong based digital asset platform OSL discusses his views on the catalyst behind this past weekend’s crypto market decline and the current surge in bitcoin How might inflation numbers in the U S Bureau of Labor Statistics latest Consumer Price Index CPI data impact prices Plus insights into [...]

By CoinDesk Staff

Jan 12, 2022 at 9:53 p.m. UTC

Jan 12, 2022

Bitcoin Pricecdtvaab clipHong KongConsumer Price IndexCPIOSLDigital AssetFernando MartínezU.S. Bureau of Labor Statistics

US Inflation Rose to Nearly 4-Decade High of 7% in December

Video

Cdtv

US Inflation Rose to Nearly 4-Decade High of 7% in December

The U S Labor Department’s consumer price index CPI the most widely used gauge for tracking inflation rose to an annual clip of 7 hitting predictions made by economists This marks the highest increase since June 1982 and topping November’s 6 8 increase All About Bitcoin host Christine Lee breaks down the Chart of the [...]

By CoinDesk Staff

Jan 12, 2022 at 9:53 p.m. UTC

Jan 12, 2022

cdtvaab clipInflationChartDay_SponsorConsumer Price IndexCPIU.S. Labor Department1982