CPI

Bitcoin hit a new all-time high on Wednesday, surpassing the $73,000 mark as investors mostly shrugged off slightly hotter-than-expected U.S. inflation, betting it won't derail interest rate cuts expected by the middle of the year.In the…

TLDR Bitcoin and other cryptocurrencies experienced a significant pullback, with BTC dipping to near $66,000. The crypto market decline is attributed to investors “de-risking” ahead of the May Consumer Price Index (CPI)…

On Wednesday U.S. trading hours, the cryptocurrency market witnessed a sudden uptick following the release of U.S CPI data. The Bitcoin price jumped 3.7% to trade at $69804, while the Ethereum record jumped 3.85% to reach $3632. Amid…

Crypto traders await cues from the latest US Consumer Price Index (CPI) and core CPI data to determine whether it’s time for Bitcoin to hit a new all-time high or concerns still prevail. The U.S. Bureau of Labor Statistics will release…

Investing.com-- Bitcoin price steadied on Monday after a sharp fall over the weekend saw the cryptocurrency pull back from recent highs, with focus squarely on more key signals on U.S. interest rates.  The world’s largest cryptocurrency…

A rebound in crypto prices brought welcome relief to investors. Market leader Bitcoin showed strength on Wednesday. Market sentiment enjoyed a much-needed boost. Cryptocurrency markets had been trending downwards over the…

A dovish CPI print on Wednesday appears to have kickstarted the second leg of the crypto bull market.The Bitcoin price reached a May high of $66,500 during the Asian trading hours on Thursday. Meanwhile, the Ethereum price traded as…

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Bitcoin (BTC) has printed a sudden 7% bounce following data from the Bureau of Labor Statistics (BLS) revealing that inflation data cooled in April. According to the BLS, the Consumer Price Index (CPI), which is…

Head of Market Analysis Anthony Cheung covers the main events happening in markets this week. Recap of the major drivers of markets last week (00:00) Cryptocurrencies higher across the board to start the new week (2:48)…