How Will Bitcoin React to CPI Data: What Does Inflation News Mean For FOMC Bitcoin Play?

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Bitcoin inflation news affects, with the speed of BTC price slightly lower than $ 110,000, trading at 109,480 dollars shortly after punching in that resistance earlier in the week. Crypting dealers are now looking to issue a consumer price index on June 11, a possible spark or a wet blanket, depending on how the numbers … Read more

US–China tariff truce boosts sentiment; CPI, Fed outlook in focus

US–China tariff truce boosts sentiment; CPI, Fed outlook in focus

The dollar is trading near 1.3945, and it extends on Friday and distinguishes its fourth consecutive session of the gains. The United States raises – China Trade is global risk morale, and Greenback’s support. The markets are waiting for US CPI data on Tuesday, federal reserve comments, and broader macro updates. The US dollar (USD) … Read more

Is Powell About To Pump Crypto After FOMC Odds: CPI Data Sets Stage For Mega FOMC

Is Powell About To Pump Crypto After FOMC Odds: CPI Data Sets Stage For Mega FOMC

With the cooling of inflation and unemployment claims, the cryptocurrency traders bet largely due to the FOMC probability and on the cuts to the rates of the Federal Reserve by 2025. Add lazy economic signals and a leap in the treasure question and the narration of a political passage from the president of the Fed … Read more

Bitcoin (BTC) Market Reacts to Upcoming US CPI Data Release on Wednesday

Bitcoin (BTC) Market Reacts to Upcoming US CPI Data Release on Wednesday

CPI numbers are scheduled to appear in January later on Wednesday. The consumer price index is expected to decrease slightly, while Core Core CPI is expected to reach a little top. Bitcoin will usually interact with high fluctuations in the advertisement, and also after that. The market carries its breath The American Labor Statistics Office … Read more