What to Expect for BTC Ahead of Tomorrow’s CPI Print: Markets Wrap
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The price of bitcoin went above $43,000 briefly on Tuesday as the rally coincided with testimony by Fed Chairman Jerome Powell’s The Consumer Price Index (CPI) levels for December is set to be…
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The US Consumer Price Index (CPI) yearly data is scheduled for release later today. Adding volatility to a recently flat crypto market. Later today, they will release the Consumer Price Index (CPI) data, sparking speculation of an expected increase in volatility. CPI data often leads to volatile price swings in…
Crypto markets have consolidated over the weekend with minor gains for the major assets, but no signs of renewed bullish momentum just yet. Despite the US government shutdown, the week ahead has a key inflation report delayed from September that is likely the last major piece of economic data the Federal…
Last week’s weak PMI reports showed manufacturing activity contracting for a third month in a row and services activity shrinking for the first time in 11 months. Additionally, crypto markets have settled a little following the volatility in the wake of the spat between US President Donald Trump and tech…