Bitcoin Spikes to $112,000 but Pulls Back After U.S. Inflation Data Comes in Softer
Bitcoin saw a brief spike on Friday after new U.S. inflation data came in lower than expected, but the rally faded just as quickly as...
Tag : Inflation
Polygon Proposal Aims to Stop POL Inflation & Boost Buybacks
A proposed overhaul of Polygon’s tokenomics is gaining significant attention within its community and across social media platforms amid concerns over the token’s underwhelming performance....
How Africans Are Using Stablecoins to Outsmart Inflation in 2025
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How Africans Use Stablecoins to Beat Inflation in 2025
Key takeaways: Stablecoins are now everyday tools for savings, payments and trade in Nairobi and Lagos. Inflation, FX swings and high remittance costs drive adoption....
US PCE Inflation Data Fails to Stop Bitcoin Dipping Under $109,000
Key points: Bitcoin sellers attempt to break support at $109,000 at the week’s final Wall Street open. BTC price action can head toward $100,000 as...
How US Jobless Claims, GDP Growth, PCE Inflation Data Impact Crypto Market
Key Takeaways: The U.S. jobless claims were reported lower than expected. Other economic data, including U.S. GDP growth and PCE inflation, came in hotter than...
Gold Price Outperforms Bitcoin as Powell Fans Inflation Fears: Are Rate Cuts a Pipe Dream?
A new Deutsche Bank study asks whether Bitcoin could sit alongside the surging gold price in central bank reserves by 2030. The comparison focused on...
Dimon Says Fed Won’t Cut Rates Until Inflation Drops
JPMorgan CEO Jamie Dimon said the US Federal Reserve will have a hard time cutting the interest rate unless inflation drops, and isn’t worried about...
Bitcoin (BTC) Climbs Steadily as US Inflation Data Looms: Price Analysis
Bitcoin (BTC) is continuing to climb, albeit relatively sedately, although nagging resistance at $112,000 and $113,000 needs to be put behind it if this current...
Bitcoin (BTC) Soars After Benign Inflation Data: What’s Next with Thursday’s Release?
An unexpected 0.1% fall in the August Producer Price Index (PPI) enabled Bitcoin (BTC) to push through resistance and maintain above $114,000 early on Thursday....