First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved

ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.

• 2023-07-13
• CoinDesk bitcoin CFTC Producer Price Index Timothy Massad Strahinja Savic Tim Massad SEC Inflation Data

Bitcoin, Ethereum Trade Flat as June CPI Report Clocks in at 3%

Leading cryptocurrencies rose slightly following the latest CPI figures, which indicate that inflation in the U.S. continues to cool.

• 2023-07-12
• Consumer Price Index core CPI Bureau of Labor Statistics BLS interest rate inflation data Dow Jones Bitcoin

Bitcoin Has Momentum as It Rises on Inflation Data. It Could Be the Push to $32,000.

Digital assets have stagnated for weeks. Traders are eyeing key U.S. inflation data due Wednesday as the possible catalyst for a big move.

• 2023-07-12
• Federal Reserve interest rates headline inflation inflation data Bitcoin

Bitcoin Gains Momentum Ahead of Inflation Data. Could This Be the Push to $32,000?

Digital assets have stagnated for weeks. Traders are eyeing key U.S. inflation data due Wednesday as the possible catalyst for a big move.

• 2023-07-12
• interest rates inflation data core inflation

Bitcoin Breaches $31,000 After Inflation Data. Traders Bet on More Crypto Gains.

and other cryptocurrencies were rising Friday as key inflation data buoyed investor sentiment, with crypto traders skewing bullish and betting on more gains for digital assets. The price of Bitcoin has climbed 1% over the past 24 hours, briefly topping $31,000 after the release of key U.S. inflation data and settling just below that level. The largest digital asset is close to its recent peak near $31,500, which represents Bitcoin’s highest level since last June.

• 2023-06-30
• digital assets investor sentiment bullish sentiment inflation data Bitcoin

Bitcoin Has a Lot at Stake This Week. Inflation and the Fed Are Looming.

The outlook for interest rates continues to be a key macro force for Bitcoin prices. The Fed's next move is likely to be a major catalyst for cryptos.

• 2023-06-12
• interest-rates digital assets Fed rate decision inflation data

Bitcoin Loses Ground Despite Inflation Data Bump. It Looks ‘Increasingly Bearish.’

The largest digital asset continues to languish below the key $30,000 level, with bullish inflation data unable to spur significant gains.

• 2023-05-11
• price dynamics inflation data Bitcoin

Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko

Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets.

• 2023-05-10
• intraday volatility inflation data CPI inflation consumer price index orange line Dessislava Aubert Bureau of Labor Statistics

Bitcoin, Ether prices fall; Asian equities, U.S. stock futures drop ahead of key inflation data

Bitcoin lost 0.43% while Ether dipped 0.60% in 24 hours. Polygon’s Matic token was the biggest loser and dropped 2.16%.

• 2023-05-10
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Bitcoin Gains After the Release of Fed Minutes

Prices of and other cryptocurrencies ticked up Wednesday after the Federal Reserve meeting minutes showed slowing inflation could support rates peaking in 2023. The price of Bitcoin was in the green, up roughly 0.5% in the past hour since the release of the document detailing discussions at the last Fed meeting. Bitcoin has declined over the last 24 hours, though, down 3.8% to $23,764.67, slipping from recent highs above $25,000 and returning to levels seen a week ago.

• 2023-02-23
• Bitcoin Federal Reserve inflation data