CPI Report Sparks Fed Rate Cut Hopes as Inflation Slows to 2.9%

August 14, 2024 Bitcoin.com

bitcoin.com

On Wednesday, the U.S. Bureau of Labor Statistics rolled out its latest consumer-price index (CPI) report, revealing a 2.9% increase over the past 12 months through July—falling just short of economists’ 3% forecast. This data nudged CME futures metrics upward, reflecting growing market sentiment that the latest BLS figures strengthen the case for a Federal […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Bitcoin Could Crash to $48,000 if This Support Level Crumbles, Says Crypto Analyst

August 14, 2024 The Daily Hodl

Bitcoin

A widely followed crypto analyst is laying out a scenario where Bitcoin (BTC) could dip back down below $50,000. In a new strategy session, crypto trader Michaël van de Poppe tells his 723,000 followers on the social media platform X that the crypto king could crash to $48,000 if its current support level falls apart […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

No Rate Cuts Yet: Fed Maintains Rates at Historic Highs

July 31, 2024 Bitcoin.com

Bitcoin

The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching goal being to bring inflation down to the […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Bitcoin Rises on CPI Inflation Data As Experts Predict Miners Send BTC Parabolic

May 15, 2024 The Daily Hodl

Bitcoin

Bitcoin (BTC) has printed a sudden 7% bounce following data from the Bureau of Labor Statistics (BLS) revealing that inflation data cooled in April. According to the BLS, the Consumer Price Index (CPI), which is a measure of the average change over time in the prices paid by urban consumers for a market basket of […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb

May 15, 2024 Bitcoin.com

bitcoin.com

The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial Markets as April CPI Data Shows Subdued Inflation […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

‘Worrying’ Metric Shows Massive Inflation Spike Hammered US, Far Higher Than Reported: Former Treasury Secretary Larry Summers

March 19, 2024 The Daily Hodl

Consumer Price Index

Former U.S. Treasury Secretary Lawrence Summers says an old school method of tracking inflation may reveal the real amount of economic pain that Americans have had to endure. Summers has co-authored and released a new paper exploring the effect of high interest rates on the American consumer. The paper, in part, aims to paint an […]

The post ‘Worrying’ Metric Shows Massive Inflation Spike Hammered US, Far Higher Than Reported: Former Treasury Secretary Larry Summers appeared first on The Daily Hodl.

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Billionaire Chamath Palihapitiya Predicts Market Rally, Says $6,000,000,000,000 Waiting To Be Deployed

November 15, 2023 The Daily Hodl

Chamath Palihapitiya

Billionaire venture capitalist Chamath Palihapitiya says that markets are ripe for a strong rally as a deluge of capital looks to find a new home. In a new episode of the All-In Podcast, the billionaire says that the macro picture is starting to look positive for the United States. The Social Capital founder first looks […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Crypto Analyst Dives Into FTX Bankruptcy Development, Offers Words of Encouragement to Traders

September 14, 2023 The Daily Hodl

Altcoins

A widely followed crypto analyst is breaking down the latest developments in the FTX bankruptcy and their implications for the broader markets. Crypto trader Michaël van de Poppe tells his 666,900 followers on the social media platform X that FTX’s approval to sell $3.4 billion in crypto assets, approximately a third of which is Solana (SOL), combined […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Goldman Sachs Predicts Federal Reserve Timeline for Slashing Interest Rates by 0.25% per Quarter: Report

August 16, 2023 The Daily Hodl

Consumer Price Index

Economists at the banking giant Goldman Sachs think the U.S. Federal Reserve will begin lowering its benchmark interest rate in the second quarter of 2024. The bank’s economists also predict that the Fed will skip rate hikes next month and in November. “The cuts in our forecast are driven by this desire to normalize the […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Paul Tudor Jones Says Federal Reserve Is Finished Raising Rates, Predicts Stock Market Ends 2023 Higher

May 15, 2023 The Daily Hodl

Consumer Price Index

Legendary investor Paul Tudor Jones predicts that the Federal Reserve will not raise interest rates any further this year, putting markets higher by the end of this year. In a new interview with CNBC, Jones says that declining Consumer Price Index (CPI) data – which measures the changes in the prices of goods and services – […]

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Consumer Price Index

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