Algotech gains as Bitcoin spikes towards $64k on latest CPI report
Bitcoin price rose to near $64,000 as stock futures climbed. The upside came after US inflation data showed consumer prices rose less than expected in April. Algotech, a new crypto…
Market Ignores CPI Inflation Data as Scorching Crypto Rally Continues and Money Pours Into Presales
Cryptocurrencies boomed in recent weeks, especially $BTC which soared above $50,000 for the first time in 2 years, despite the release of a recent C.P.I. (Consumer Price Index) that came…
Crypto price prediction: Bitcoin, Ethereum and KAVA after CPI data
Bitcoin price broke to $28,200 while Ethereum hovered above $1,800 as stocks climbed on US CPI data. KAVA price also rose, jumping 11% amid the positive sentiment and increased network…
Bitcoin price prediction: Watch out for CPI event this week
Bitcoin price hovers above $28k with a ranged trading over the past month. Analyst Michael van de Poppe says the US consumer price index report out this week could be…
Bitcoin hits $26K as investors react to latest CPI data
Bitcoin price hit highs of $26,553 on Coinbase, with 16% upside in 24 hours. US inflation data showed CPI rose 6% in the past 12 months in February. On-chain data…
Bitcoin, stocks react to hotter-than-expected CPI data
Bitcoin price was trading sideways after hitting highs of $22,300, with major US indexes also down. The markets’ reaction comes after hotter-than-expected inflation data for the first month of 2023.…
Bitcoin awaits US CPI data; head and shoulders paints a bearish picture
The US CPI data is the main economic event of the trading week. Inflation has been the main driver of monetary policy for more than a year now; thus, every…