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CPI

Blog tagged as CPI

BITCOIN'S 'UPTOBER' IS SO BACK

By Stormrake

BITCOIN'S 'UPTOBER' IS SO BACK
Bitcoin has surged nearly 5% in the past 24 hours, breaking above $66K once again, signaling renewed bullish momentum.
14.10.24 11:30 PM - Comment(s)
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Poor Inflation Data Pushes Bitcoin Below $60,000

By Stormrake

Bearish CPI data has led to further Bitcoin weakness and may likely continue as inflation persists.
11.10.24 02:05 AM - Comment(s)
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Cryptocurrencies premature reaction to positive inflation data

By Stormrake

Cryptocurrencies premature reaction to positive inflation data
An action packed night has drawn to a close with CPI numbers and the FOMC statement being released within hours of each other.  Both bulls and bears fought gallantly, however, the bears came out on top.

A clearer image of the above chart can be found here (tradingview: https://www.tradingview.co...

14.06.24 07:09 AM - Comment(s)
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