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Cryptocurrency Rally Boosted by Soft Inflation Data as Bitcoin Surges to $66K
May 15, 2024BTC reached a new high since April 24th, following a surge in Solana’s SOL and NEAR tokens, leading the cryptocurrency gains. According to Swissblock, Bitcoin may be eyeing the $84,000…
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Focus on Crypto Market Amidst Fed’s Rate Cut Dilemma: GDP & PCE Inflation
April 21, 2024The crypto market has experienced significant volatility in recent trading sessions, with major cryptocurrencies such as Bitcoin, Ethereum, Solana, and others seeing fluctuating performances. Despite this turbulence, investors celebrated the…
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Bitcoin remains below $70,000 as inflation readings disappoint this week.
March 15, 2024Cryptocurrencies and equities faced a downward trend on Friday, reversing earlier gains as traders reacted to higher-than-expected inflation data. Bitcoin and Ether continued their decline from Thursday morning, with Bitcoin…
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Market Predicts Fed Rate Cut Unlikely as US Inflation Rises
March 12, 2024Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept…
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The Potential Impact of US Inflation on Bitcoin’s (BTC) Price
January 27, 2024The US Personal Consumption Expenditure (PCE) Index, which is the US Federal Reserve’s preferred inflation gauge, showed a 2.9% annual increase and a 0.2% monthly increase in December. The Core…
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Peter Schiff Warns of Potential Crash, Recession, and High Inflation in 2024 – Predicts a “Big Surprise”
December 29, 2023Economist Peter Schiff has made some alarming predictions for the year 2024. According to Schiff, not only will the economy crash into a recession, but high inflation will also return…
