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Category: Inflation
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Crypto heavyweights back inflation-resistant savings protocol
The U.S. consumer price index reached a 40-year high in December, capping off a year of aggressive price increases.
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Bitcoin shoots to $44,000 as US inflation hits 7% in December
United States Consumer Price Index data shows that inflation hit 7% in December 2021, climbing 0.5% month over month. Bitcoin almost reached $44,000 upon the news.
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‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week
Can 2022 still turn out to be a bull year? Not many believe so, but short-term volatility should pass nonetheless, analysts say this week.
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Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K
The warning appears against the U.S. Federal Reserve’s intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022.
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Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
Ethereum lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours.
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Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation
Newly minted Bitcoin supporter Ray Dalio agrees that Bitcoin should make up a small percentage of investors’ portfolios in 2022.
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3 reasons why Ethereum can reach $5,000 in Q1
A mix of technical, macroeconomic, and on-chain indicators point toward a price rally in the Ethereum market this quarter.
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As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls
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Bitcoin is new gold for millennials, Wharton finance professor says
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015.
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