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.
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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.
- News
The cost of medical care, apparel, household furnishings, airline fares, and education all rose during the month of February, BLS data shows.
1240 - 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?
5811 - Market Analysis
A new war, private credit market weakness and spiking commodities prices add tail risk to Bitcoin’s price. Is $65,000 BTC’s next stop?
4738 - News
In an interview with Natalie Brunell on Coin Stories, Masie described Bitcoin as functional currency in parts of Africa amid rapid inflation and currency debasement.
2281 - News
Strive’s Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap.
3055 - Analysis
Bitcoin struggled to breach $70,000 this month, while inflation rates decreased in Japan and some countries reevaluated crypto tax codes.
2933 - Market Update
Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day.
2692 - Market Analysis
Despite bearish pressure and weak US economic data, Bitcoin's recovering hashrate and new onchain security protocols raise the chance for a surge to $70,000.
5805 - Market Update
Bitcoin stayed rangebound within a "downward trajectory" as the Supreme Court concluded that some US trade tariffs were illegal and liable for a refund.
3896 - News
Fed policymakers said easing may not be warranted until there is a clear indication that the progress of disinflation is firmly back on track.
2634 - Market Update
Bitcoin bulls enjoyed a relief rally to $69,000 on the back of soft US CPI inflation data amid hopes of BTC price action making a "higher low."
4615 - News
Whether the Federal Reserve is engaging in quantitative easing is purely semantic, according to Alden, who says all roads lead to debasement.
4187 - News
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee.
3075 - Market Analysis
Crypto traders usually view negative funding rates as a buy signal, but this week’s volatile US earnings outcome may cloud its value for ETH investors.
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