Bitcoin approaches $100,000 on the heels of newly-released inflation data
On Wednesday, the price of bitcoin continued rising, surging to over $99,000 as it looked poised to return to the $100,000 mark, driven by new inflation data. Minutes after the U.S. Bureau of Labor Statistics unveiled new data from the Consumer Price Index, bitcoin’s price jumped by $1,500, representing a 2% price improvement for the day.
Bitcoin Price Rises After CPI Inflation Report. Why the Data Matter for Crypto.
The token's price was up after December's CPI data showed a decline in the core inflation rate. Bitcoin ETFs see a record four days of outflows. Madison Mills joins Morning Brief to outline what investors need to know.
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m.
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
Bitcoin briefly soars above $100,000 while altcoins like XRP, XLM, and Solana surge significantly in the last 24 hours.
For much of the past decade, Bitcoin (CRYPTO: BTC) has been the top-performing asset in the world. And 2024 was more of the ...
Trump says he wants to nurture cryptocurrencies and propel them into the mainstream but there are clear conflicts of interest ...
As January 2025 rolls in, the cryptocurrency market is filled with opportunities for savvy investors. Among the crowd, three ...
Trump made good on that pledge last month, selecting Paul Atkins to head up the U.S. Securities and Exchange Commission.
Bitcoin's unpredictable path continues as experts predict significant growth tempered by inherent market volatility.
Buying some Bitcoin before Jan. 20 isn't a bad idea. Just don't bet the farm. A position that represents 1% or 2% of the ...
Cryptocurrency Ripple (XRP) on Thursday exceeded the $3 level for the first time in seven years, rising 9.2% on a daily basis ...
Key Takeaways Bitcoin surged above $100,000 early this week but has tumbled in recent days as investors reassess this year's ...
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Bitcoin's Shaky Start to 2025: Buy the ETFs on the Dip?The cryptocurrency market is off to a wobbly start in the year 2025, weighed down by speculation that the Fed may have limited scope for further interest rate cuts. Bitcoin briefly fell below $90,000 ...
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