Inflation


Markets

Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge

Wood would choose bitcoin over gold "hands down" as an asset to hold for the next ten years.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Videos

Why Inflation Data Matters for the Price of Bitcoin

The year-on-year percentage change in the U.S. consumer price index from 2013 to date looks eerily similar to the 1970s, according to Game of Trades. If history is a guide, inflation may rebound in the coming months, boosting demand for perceived store-of-value assets. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data

Risk-off sentiment hit markets as a slightly hotter-than-expected inflation reading boosted U.S. Treasury rates and the dollar.

ETH price on Oct. 12 (CoinDesk)

Finance

U.S. September CPI Rises 0.4%, Outpacing Forecasts; Bitcoin Slips Further

The year-over-year pace of inflation was 3.7%, also faster than economist expectations.

(Getty Images)

Markets

Crypto’s Interest in Rates

U.S. interest rates are back on the rise, but digital assets appear to be unaffected.

(Armando Arauz/Unsplash)

Videos

Bitcoin Price Hovers Around $26K as U.S. Inflation Is 'Not Going Anywhere Fast': Trader

Bitcoin (BTC)'s price remains little-changed at around $26,000 as new inflation data is released. On a year-over-year basis, the Consumer Price Index (CPI) rose to 3.7% versus forecasts for 3.6% and from 3.2% a month earlier. "The Crypto Trader" author Glen Goodman discusses his crypto markets analysis.

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Markets

U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected

Higher oil prices were behind the big rise in headline inflation last month.

(Getty Images)

Markets

Crypto Market Shows Signs of Stability Ahead of U.S. CPI

While some economists predict a jump in U.S. CPI compared to July, Factset research shows inflation is becoming less of a concern for large companies.

(CoinDesk Indicies)

Markets

Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing

The U.S. government on Wednesday morning will release its latest official inflation data.

The April inflation report was released Wednesday morning (JLGutierrez/Getty Images)

Markets

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.

(Neal Kharawala/Unsplash)