Price Analysis
Bitcoin price slumped on Friday as uncertainty over the US economy and war in Iran negatively impacted stock and crypto markets.
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Inflation News
Inflation as it relates to money means the devaluation of a payment vehicle amid the rising cost of goods and services. The term usually refers to fiat currencies, which can lose value when a government expands the supply of dollars in an economy. Venezuela saw its currency lose significant value in 2018 during hyperinflation — an exaggerated form of inflation. When it comes to cryptocurrencies, however, inflation works differently. Many assets, such as Bitcoin, have a maximum supply programmed into their code, which can prevent a loss of value due to added supply. Bitcoin does entail some level of inflation, as more coins are released into its circulating supply through a set and predictable mining schedule, but maximum supply sets definite limits on BTC inflation.
- Markets News
Bitcoin mass adoption by institutional investors has resumed, but global instability and the risk of rising US inflation put a lid on BTC’s breakouts above $70,000.
2012 - Markets News
US recession fears multiplied this week as BlackRock's Larry Fink warned of a "global" downturn over oil prices, with Bitcoin still tied to stocks.
2328 - Market Analysis
Bitcoin bulls face an uphill battle to turn the March options expiry in their favor, requiring a 6% price rally to $75,000 before Friday.
4865 - Market Analysis
Rising inflation concerns weigh on Bitcoin’s breakout as traders refuse to take on bullish positions, despite Monday’s 4% price bounce.
4494 - News
Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.
5749 - Market Update
Bitcoin searches for equilibrium at $70,000 while rising crude oil prices and tanking stock markets have investors worried over the future of inflation in the US.
3269 - News
The disruption to the oil market and critical energy effects may have long-term economic effects that investors are not pricing in.
2999 - Market Analysis
Bitcoin dropped below $71,000, but the market remains tilted toward bulls as spot ETF inflows and BTC buying from Strategy boost investor sentiment.
4699 - Market Update
Bitcoin price action fell to week-to-date lows with Bitcoin caught between high US inflation and nerves over Fed policy hints at the day's FOMC meeting.
2873 - Interview
Saifedean Ammous, the author of The Bitcoin Standard, released an alternate history last fall, in which a decentralized gold system uproots central banking.
2584 - News
“What’s a better time to cut interest rates than now? A third-grade student would know that,” said US President Donald Trump.
2502 - Market Analysis
Bitcoin remains under pressure as war and poor jobs data offset ETF inflows, shifting the $78,000 price target from late March to the coming months.
5604 - News
The cost of medical care, apparel, household furnishings, airline fares, and education all rose during the month of February, BLS data shows.
1581 - Market Analysis
Historical data shows that Bitcoin typically gains 20% within a month of major spikes in oil prices. Should traders prepare for a rally to $79,000?
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