Inflation News
Latest Inflation News
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Bitcoin price moved back toward $65,000 on Thursday after softer U.S. inflation data eased fears of another Federal Reserve rate hike, although renewed U.S.–Iran fighting kept traders cautious. Bitcoin price approaches $65K after PCE release Bitcoin rose to an intraday…
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Economist Peter Schiff has warned that Brent crude’s surge above $100 could reverse June’s 0.4% monthly CPI decline and produce a sharp US inflation rebound in July. Peter Schiff linked the risk to oil’s rapid recovery after energy costs helped…
Markets
Bitcoin price has fallen 1.4% from an intraday high of $66,300 to $65,368 as rising oil prices, renewed U.S.-Iran tensions, and regulatory uncertainty have pushed traders toward a more defensive stance. The decline erased part of Bitcoin’s recent recovery and…
Markets
XRP price has remained below $1.10 as renewed U.S.-Iran hostilities, surging oil prices, and weakness across technology stocks have kept crypto traders cautious. XRP (XRP) price traded near $1.09 at the time of writing, down about 0.2% over the past…
Markets
Ethereum price has held above $1,850 as strong spot ETF inflows countered risk-off pressure from renewed U.S.-Iran hostilities and volatile oil prices. According to data from crypto.news, Ethereum (ETH) traded near $1,865 at press time, down about 0.3% on the…
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Binance co-founder Changpeng Zhao has challenged Wall Street’s projected $700 billion AI spending wave by arguing that Bitcoin offers protection against inflation that artificial intelligence cannot provide. On X, Zhao presented the difference between the two investment themes in a…
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CZ says AI lacks Bitcoin's inflation hedge as investors debate if AI spending and mega-IPOs are drawing capital away from crypto this year.
Markets
Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders. The second-largest cryptocurrency climbed nearly 5% on July 15 after June’s Consumer Price Index…
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US inflation fell to 3.5% in June as energy prices dropped, while softer core CPI helped Bitcoin rebound toward $65,000 after recent losses.
Markets
Bitcoin price has stabilized near $62,500 after a weekend plunge below $62,000, while renewed U.S.-Iran hostilities and an oil surge have kept analysts cautious before U.S. inflation data. According to data from crypto.news, Bitcoin (BTC) price traded at about $62,504…
Markets
Bitcoin has entered a high-risk week as fresh inflation data and renewed Federal Reserve rate concerns have intensified pressure on crypto markets. According to Reuters, Federal Reserve Governor Christopher Waller warned that the U.S. central bank could consider raising interest…
News
The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. According to the minutes of the Federal Reserve’s June Federal Open…
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Cathie Wood has said that rising global instability has created the conditions for another Bitcoin rally as investors increasingly look for assets that can protect wealth across borders. According to a June 27 X post by ARK Invest founder Cathie…
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Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing. According to the ARK Invest CEO, inflation fears dominated conversations during her recent investor meetings…
Markets
Bank of America has projected three Federal Reserve interest-rate hikes this year, adding to concerns that tighter monetary policy could create fresh pressure for Bitcoin and other risk assets. According to a Reuters report, Bank of America Global Research now…
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Kevin Warsh’s first FOMC meeting kept rates steady as the new Fed chair avoided rate-cut guidance, keeping crypto focused on inflation.