Tag: inflation data
US PPI Surges Past Estimates Pushing Bitcoin Lower
US PPI rose 0.7% MoM and 3.4% YoY in February, above forecasts Core PPI reached 3.9% YoY, exceeding expectations of 3.7% Bitcoin dropped near $71,000…
Ethereum Eyes $1,866 as CPI Cools to 2.4% – Shorts Still in Control?
US January CPI slowed to 2.4% YoY, beating 2.5% forecast as energy prices fell 1.5% month over month. Core CPI rose 0.3% MoM and held…
Crypto News: Crypto Markets React as Hassett Predicts Shutdown Resolution
Kevin Hassett forecasts U.S. shutdown could end this week, as crypto markets prepare for inflation data and potential Fed decisions. White House economic advisor…
BTC News Today: Bitcoin Short Squeeze Likely Amid Hopes of Bullish US CPI Report
Bitcoin eyes short squeeze as Coinglass data shows rising long liquidations and traders await key US CPI report this Friday. Bitcoin (BTC) is showing…
Top US Economic Signals To Watch This Week
US economic signals such as consumer sentiment, jobless claims, and PCE inflation will guide global market direction. Traders across global markets are turning their attention…
Crypto Market Suffers $1B Liquidations After PPI Report
July PPI sparks $1B crypto liquidations as Bitcoin, Ethereum, and altcoins tumble. What’s next for the market? The latest U.S. Producer Price Index (PPI)…
