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CPI
Bitcoin Hovers Around $26K Following Softer-Than-Expected CPI Data
The U.S. Consumer Price Index (CPI) for May came in softer than expected, rising just 0.1% in May versus 0.4% in April, according to the Bureau of Labor Statistics. "First Mover" hosts share their insights on the cooling inflation and outlook on the results of the Federal Reserve's latest monetary policy meeting.
U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.
Crypto Catalyst Watch: What Might Move Markets This Week
The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items.
Bitcoin Below $27K as UK Core CPI Hits Highest Since 1992
Bitcoin slid under the $27,000 level as traders react to U.K. inflation figures. The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was 6.2%. Glen Goodman, author of "The Crypto Trader", joins "First Mover" with his crypto markets analysis.
U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K
The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.
Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
Bitcoin Drops to $29.2K After Sudden Sell-Off
Bitcoin slid more than 3% in just 15 minutes in European morning hours on Wednesday, taking the largest cryptocurrency by market capitalization near $29,000. Forex.com Global Head of Research Matt Weller discusses whether the UK CPI data played a role in the sudden sell-off. Plus, his BTC outlook after the token's strong performance in Q1 2023.
Bitcoin Hovers Around $30K, Ether Holds Above $1.9K Ahead of Ethereum Shanghai Upgrade
Investors are awaiting Ethereum’s "hard fork," which is expected to go live late Wednesday.
Bitcoin Remains Above $30K Following March CPI Report
Bitcoin is trading above $30,000 as investors react to the Consumer Price Index that rose 0.1% in March. BTG Pactual Head of Digital Assets Andre Portilho joins "First Mover" with his analysis on what's driving BTC's current rally. Plus, insights on U.S. lawmakers' approach to crypto regulation and the state of digital assets in Brazil.
U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%
The bitcoin price rose nearly 1.5% to $30,430 in the minutes following the better-than-expected news.
