Economy


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Goldman Sachs Raises Odds of Fed Taper in November

"Historically, Fed taper has been a headwind for bitcoin," one fund manager said.

The U.S. Federal Reserve building in Washington.

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July Jobs Report: US Added 943,000, Beating Expectations

The U.S. unemployment rate fell to 5.4%, a post-pandemic low, from 5.9% in June, according to the U.S. Labor Department's Bureau of Labor Statistics.

MOSHED-2021-6-2-11-29-26

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US June Consumer Price Index Rose Faster Than Expected

Financial markets from stocks to bonds to cryptocurrencies have been fixated on inflation readings as the economy reheats.

Investors are focused on how quickly the dollar's purchasing power is shrinking.

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Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report

Analysts described the muted activity in spot, derivative and on-chain metrics as "calm before the storm."

Bitcoin trades lower today.

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Reflation-Trade Rethink Keeps Bitcoin Under Pressure

Reflation bets are those that benefit from a pickup in economic growth and inflation.

shutterstock_1042103449

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Bitcoin Set for Record Second-Quarter Price Drop

Bitcoin's second-quarter decline looks like a technical pullback, one observer said.

BTC performance

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Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar

Bitcoin remains relatively resilient, having priced in the Fed's hawkish tilt in advance.

BTCUSD and DXY

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Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement

Wednesday's Fed policy statement is likely to see a binary market reaction.

BTCUSD hourly chart

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Paul Tudor Jones Could Go 'All In' on Inflation Trades, Wants 5% Bitcoin Allocation

Jones sees BTC as a great way to protect wealth over the long run.

Paul Tudor Jones (Kevin Mazur/Getty Images for Robin Hood)

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US Consumer Prices Rise Faster Than Expected in May

The Consumer Price Index is important to bitcoin investors who are watching for signs of inflation.