Inflation – Page 65

Litecoin grapples with ‘double top’ risks after LTC price rallies 37% in November

The classic bearish setup projects Litecoin price potentially falling to $200 in the coming sessions.

Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel

Many analysts agree that the “dynamic support” could boost accumulation sentiment in the Ethereum market.

Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K

Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”

Go to Source

Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

“Our long-term vision is to create a currency that is stronger than any fiat currency that exists now,” said Reserve community manager Yens Michiels.

Go to Source

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days

China's Real Estate Giant Evergrande Narrowly Dodges Default for the Third Time in 30 Days

In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, […]

Go to Source

US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years

U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has expanded the monetary supply like at no other time in history, suppressed the benchmark interest rate, and U.S. politicians are creating multi-trillion-dollar packages with money […]

Go to Source

Record-high inflation prompts investors to take a closer look at Bitcoin

Cryptocurrency values are up, but so is the price of everything else in the United States! Investor curiosity in BTC grows as data shows U.S. inflation rose to a 30-year high.

Go to Source

Bitcoin price briefly hits $69K ATH before plummeting back to Earth

BTC hit a new all-time high! It didn’t last long, however…

Go to Source

Crypto markets rally as inflation rages at 30-year high

In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday.

Go to Source

Author Insists Current Gold Price Cheaper Now Than in 1980

While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s average price in 1980. Gold Price Rise Lags Behind […]

Go to Source