CRYPTO DROPS AFTER PPI, HUGE LIQUIDATIONS, TRUMP-PUTIN TO MEETCrypto drops after hot US PPI, $1.1bn of liquidations. US only wants budget neutral BTC accumulation. US government owns $24b crypto: Arkham.…
8h05 ▪
4
…
In brief
Bitcoin’s price fell Thursday following a hotter-than-expected PPI report.
Producer prices rose 0.9% in July, the largest monthly increase in over three years.
Traders abandoned the prospect of a 50-basis-point rate…
Bitcoin’s (BTC) overnight push towards fresh records met with profit-taking on Monday, knocking prices down to $118,500.The pullback left bitcoin 2.8% off its session high of $122,200, though the largest…
Key points:Bitcoin price targets include taking liquidity at around the $120,000 mark.US PPI inflation cools beyond expectations, providing relief after the hot CPI print the day prior.BTC/USD avoids a trip…
The Bitcoin price records a drop of approximately 1.85% over the past 24 hours as the bearish sentiment once again looms over the crypto space as the U.S. Producer Price…
Key points:Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls.US dollar strength suffers as inflation continues to slow beyond expectations.BTC price expectations include new…
Key Points:US jobless claims slightly higher than expected, reflecting labor market shift.PPI met expectations, maintaining existing economic trends.Potential impact on FOMC decisions influencing cryptocurrency behavior.
Initial jobless claims in the United…
Bitcoin bulls fight to push the price higher, but bears dominate due to support from US-China trade talks today and the US CPI and PPI inflation data this week. Traders…