Inflation


Markets

Bitcoin's Price Rally May Add to Inflation. Here's Why

The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation into the U.S. economy.

(stevepb/Pixabay)

Markets

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

The January CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.

Bitcoin fell from the $50,000 level after the January CPI report. (CoinDesk)

Markets

Fed Rate Cut Hopes Run Into Inflationary Red Sea Crisis

Disruptions to commercial shipping traffic via the Red Sea/Suez Canal route threaten to push up prices. That's an unwelcome development for bitcoin bulls.

Sea (ajs1980518/Pixabay)

Markets

Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump

Investors will monitor Fed Chair Jerome Powell's press conference Wednesday for signs of potential rate cuts next year.

Bitcoin price today (CoinDesk)

Markets

U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago

The core rate of CPI inflation was higher by 4% year-over-year, in line with forecasts.

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

Markets

U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%

In addition to the headline inflation beat, core CPI declined last month.

(Getty Images)

Markets

CPI Report Tuesday Could Provide Next Bitcoin Catalyst

The U.S. government tomorrow will report on October inflation data.

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

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."

Recent Videos

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)