Inflation


Videos

Why June’s Consumer Price Index Could Be Good News for Bitcoin

A key U.S. inflation report released Tuesday indicates consumer prices increased 5.4% in June from a year earlier at its biggest monthly gain since August 2008. “The Hash” hosts discuss bitcoin as a potential hedge against inflation.

CoinDesk placeholder image

Markets

Inflation Is Rampant. Is It Time to Buy Bitcoin?

Bitcoin has shown an increasing tendency to track interest rate hikes, but professional investors still think record-high inflation is fleeting.

Federal Reserve Board Chairman Jerome Powell

Markets

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.

Markets

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.

Videos

Is Bitcoin One of 2021’s Worst-Performing Asset Classes?

A Bloomberg report reveals bitcoin could be one of this year’s worst-performing assets judged by its returns for volatility. “The Hash” panel discusses whether this is a fair take on bitcoin, sharing insights on BTC’s inflation hedge play.

CoinDesk placeholder image

Markets

Money Reimagined: Inflation Is Here? Always Has Been

The Consumer Price Index has given Americans a falsely comforting perception of reality. When even this metric jumps 5%, we’d better hope it’s a glitch.

Rachel Sun/CoinDesk

Finance

Why the Current Inflation Wave Could Fizzle Out

Jerome Powell sees inflation as strong but short-lived. Why do some expect prices for cars, chips, and other key goods to stop rising?

Federal Reserve Board Chairman Jerome Powell

Markets

Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement

Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.

Bitcoin 24-hour price chart