markets·1d ago
PPI Rises 1.1% in May, Annual Inflation Hits Fastest Pace Since Nov 2022
The Producer Price Index jumped 1.1% in May, pushing the annual rate to 6.5%, while Bitcoin reacted with a price decline.
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markets·6d ago
US CPI Report Could Influence Bitcoin and Gold Prices This Week
The upcoming US inflation data may set the direction for risk assets including Bitcoin and gold.
markets·7d ago
Fed Rate Hike Odds Reach 68% as New Chair Warsh Signals Tighter Policy
Market expectations for a Fed rate hike have risen to 68% under new Chair Kevin Warsh, putting pressure on Bitcoin and risk assets.