markets·15d ago
Bitcoin Climbs Near $65K as Cooling Inflation Reduces Rate-Hike Expectations
June CPI data lowered Fed rate-hike odds to 13%, boosting Bitcoin to nearly $65,000.
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markets·16d ago
Bitcoin Rallies Past $64K on Softer Inflation Data
Bitcoin rose above $64,000 after June inflation data came in lower than expected, fueling bets on Fed rate cuts.
markets·16d ago
Bitcoin Traders Await June CPI Data After Months of Volatility
Bitcoin hovers near $62,000 as the June CPI report set for release July 14 could trigger major price swings.
regulation·29d ago
Cleveland Fed's Hammack Warns AI Demand Could Fuel Inflation, Hints at Rate Hikes
Cleveland Fed President Beth Hammack says robust AI infrastructure demand may keep inflation elevated, potentially requiring further rate hikes.
bitcoin·34d ago
Public Companies Increasingly Hold Bitcoin as Treasury Reserve Asset
Strategy, Tesla, Block and others adopt bitcoin as a hedge against inflation and dollar devaluation.
markets·47d 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.
markets·51d 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·52d 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.