What a US government shutdown would do to Bitcoin
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin. Go to Source
Inflation
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BTC price targets $27K as Bitcoin bulls shrug at PPI inflation surprise
BTC price gets a fresh boost from market calm over Fed interest rate policy, as Bitcoin traders eye further gains. Go to Source
Bitcoin ignores CPI, FTX as BTC price hits September high near $26.6K
BTC price strength marches on despite the curveball CPI print and FTX liquidation go-ahead, and Bitcoin traders are hopeful for long opportunities. Go to Source
Bitcoin price reacts as 3.7% CPI sees inflation jump beyond forecasts
BTC’s price clings to $26,000, with Bitcoin traders braced for the Wall Street open, following the latest CPI report. Go to Source
Double top ‘likely’ confirmed — 5 things to know in Bitcoin this week
BTC price weakness shows as Bitcoin analysts debate the likelihood of a return toward $20,000. Go to Source
The Fed could lose $100B — Does this spell catastrophe for Bitcoin?
On the latest episode of “Macro Markets,” Marcel Pechman explains the potential implications for crypto of the Federal Reserve losing $100 billion. Go to Source
Binance launches crypto-to-bank account payment product in Latin America
Binance’s Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia. Go to Source
September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come. Go to Source
Bitcoin could be worth less than $20K in 2023, US inflation data says
Bitcoin, taking inflation into account, has in fact been a solid store of value since 2017, commentators conclude. Go to Source
Why is the crypto market down this week?
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market’s underperformance. Go to Source
