Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown
BTC price attempts to break towards the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls. Go to Source Powered by WPeMatico
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BTC price attempts to break towards the week’s highs, but a charging U.S. dollar creates some serious friction for Bitcoin bulls. Go to Source Powered by WPeMatico
BTC price faces pullback risks thanks to bearish on-chain movements and formidable technical resistance levels. Go to Source Powered by WPeMatico
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central … Read more
Bitcoin sees a major new lift-off thanks to CPI numbers conforming to expectations — reducing the chances of the Fed tightening financial conditions. Go to Source Powered by WPeMatico
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown triggered by CPI. Go to Source Powered by WPeMatico
It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8. Go to Source Powered by WPeMatico
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession … Read more
Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today’s CPI report are front of mind for many investors. Go to Source Powered by WPeMatico
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts … Read more
Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations. Go to Source Powered by WPeMatico