economics

CDCROP: Charts Indices Stocks on a laptop (Unsplash)
Bitcoin Is Macro, but Not ‘Correlated’ in the Way You Think
We tend to use the two terms (macro and correlation) without understanding what they mean.
CDCROP: Charts Indices Stocks on a laptop (Unsplash)

CDCROP: IMF Managing Director Kristalina Georgieva (Helene Braun)
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
The official's comments might be relevant to bitcoin traders because the largest cryptocurrency has proven to correlate with the dollar's strength in foreign-exchange markets.
CDCROP: IMF Managing Director Kristalina Georgieva (Helene Braun)

CDCROP: Weekly Unemployment Claims Rise Higher Than Expected (David McNew/Getty Images)
US Jobs Growth Slows Less Than Expected; Bitcoin Slips From $20K
The monthly employment situation report released by the Labor Department has become one of the most important economic indicators to watch as the Federal Reserve evaluates the state of the economy.
CDCROP: Weekly Unemployment Claims Rise Higher Than Expected (David McNew/Getty Images)

CDCROP: Federal Reserve Chair Powell Holds Press Conference On Interest Rate Announcement (Drew Angerer/Getty Images)
The Fed May Not Be Able to Pivot Even If It so Desires
The Bank of England relieved teetering U.K. markets on Wednesday, announcing a bond purchase program.
CDCROP: Federal Reserve Chair Powell Holds Press Conference On Interest Rate Announcement (Drew Angerer/Getty Images)

U.S. Federal Reserve building in Washington, D.C.
Fed Hikes Rates to Highest Since 2007; Bitcoin Slides Toward $19K
This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points, signaling how serious inflationary pressures have gotten in the U.S. The bitcoin market doesn't like it.
U.S. Federal Reserve building in Washington, D.C.

Traders on the Chicago Mercantile Exchange started pricing in a 32% chance of a 100 basis point rate hike by the Federal Rate in September.
A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation
Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.
Traders on the Chicago Mercantile Exchange started pricing in a 32% chance of a 100 basis point rate hike by the Federal Rate in September.

CDCROP: Inflation (Getty Images)
US CPI Report Shows Inflation Hotter Than Expected, Bitcoin Plunges 9.6%
Core inflation, which is more closely watched by traders, rose 0.6 percent in August, a larger increase than in July.
CDCROP: Inflation (Getty Images)

Airborne money. (Getty Images)
US Inflation Data Could Test Bitcoin’s Rally
The price of BTC gained 15% over the weekend as traders wait for positive U.S. inflation data.
Airborne money. (Getty Images)

CDCROP: Federal Reserve Chair Jerome Powell (Cato Institute)
Federal Reserve to Act 'Forthrightly, Strongly' Until Inflation 'Job Is Done,' Powell Says
The U.S. central bank is expected to raise its benchmark interest rate by another 75 basis points this month.
CDCROP: Federal Reserve Chair Jerome Powell (Cato Institute)

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Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin
Some of the central bank's officials want to see "several months" of low inflation to gain confidence that price pressure is easing.
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