Inflation


Markets

Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data

BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.

El gráfico de datos de precios muestra que BTC se aferró a US$19.100 el miércoles. (CoinDesk)

Markets

Bitcoin Options Traders, Burned by Last Month’s CPI Report, Now Seek Downside Protection

Investors seem worried the impending U.S. inflation report may inject renewed downside volatility in bitcoin and are preparing for the same.

Bitcoin investors take bets offering downside protection (Pixabay)

Markets

Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market

The market downturn is likely influenced by some de-risking ahead of Thursday's release of inflation data, one crypto analyst says.

El gráfico de la cotización de bitcoin en las últimas 24 horas muestra una ligera caída hacia US$19.000. (CoinDesk)

Markets

Powell’s Interest-rate Antibiotics Could Succeed, but Not Without Risk

Rate hikes are potentially lethal, but could successfully cure inflation and ultimately revitalize the economy.

(Malte Mueller/Getty Images)

Opinion

What the Black Plague Can Teach Us About Today's Jobs Report

History may explain why the U.S. labor force remains strong amid attempts by the Federal Reserve to slow the economy.

Death takes its toll from capital in "Der Rychman," a 15th century work by Hans Holbein. (nga.gov)

Markets

Crucial US Jobs Report Could Test Fed's Resolve, Bitcoin's Resilience

Friday's report from the U.S. Labor Department on nonfarm payrolls is expected to show an addition of 250,000 jobs in September, a slowdown from the 315,000 reported for August.

Traders de bitcoin permanecen atentos a los informes de empleo de noviembre. (Mario Tama/Getty Images)

Markets

Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data

XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.

XRP continues to outperform the broader market. (ColiN00B/Pixabay)

Markets

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.

Jerome Powell spoke recently at a panel of central bankers in France. (Drew Angerer/Getty Images)