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Inflation
What Is Bitcoin Meant to Hedge?
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view.
Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print
Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC was up 1%.
U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
Bitcoin Breakout Halts as U.S. Inflation Data Looms
The Bureau of Labor Statistics is set to release March 2024 CPI data Wednesday at 8:30 a.m. ET (12:30 UTC).
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins
The nation unveiled a mandatory registration process for cryptocurrency platforms.
Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
U.S. economic data on Thursday has sent interest rates and the dollar higher.
Bitcoin's Wild Four Hours: New Record of $73K, Tumble to $69K, Rebound to $71K, $360M in Liquidations
Momentum behind bitcoin's rally has waned so expect a period of consolidation, Matrixport analysts noted.
Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High
If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?
