Will inflation data push it higher?
Key takeaways Bitcoin has been trading below the $30k level in recent days, but favourable inflation data could push it higher. Chancer’s stage two presale is now close to the $1.2 million mark. The cryptocurrency market has been choppy over the past few weeks, with prices of most coins stuck within certain regions. BTC has […]
What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains
Key Takeaways Bitcoin has increased for eight straight days, now up 9.2% on the year Period of low volatility in the crypto markets paired with softer inflation data has sent prices upward Latest CPI report is out Thursday which will trigger volatility and is vitally important for the market following increased optimism over last month […]
Bitcoin (BTC) Price Slides as Inflation Is Going Up
Real-world economic performance undeniably impacts global cryptocurrency markets, with Bitcoin (BTC), the biggest crypto asset by market capitalization, proving an excellent guide to the health of the crypto industry. Recent increases in inflation worldwide, but particularly in the US, have seen the value of Bitcoin slide during the second half of 2022 as the global […]