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How Will Bitcoin Price React to US CPI Announcement? Coingape 1주 전

How Will Bitcoin Price React to US CPI Announcement? 📉

Bitcoin's price recently faced a 3.72% correction, descending from $98.4K to $94.8K. This unexpected decline was largely attributed to comments made by Fed Chairman Powell, which eased markets. Despite this, the Federal Reserve's stance on rate cuts remains unchanged, as highlighted on February 11.

With the US Consumer Price Index (CPI) announcement imminent, there is speculation that it might influence the Fed's current position on rate cuts. This comes as market watchers closely monitor how Bitcoin will react in the wake of the economic indicators and potential shifts in monetary policy.

출처: coingape.com ↗

비슷한 기사 (27)개

Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely Coindesk 1주 전
Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
 Easing inflation could ignite another BTC rally: 10x Research Cointelegraph 1주 전
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 Bitcoin price sees $94K dip as crypto retreats on US CPI overshoot Cointelegraph 1주 전
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Bitcoin Surges After CPI Data Shocks the Market Cointurk 1주 전
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Bitcoin Faces CPI Shock—But Research Firm Says ‘Buy The News’ Newsbtc 1주 전
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How Will Inflation Data to be Announced Today Affect Bitcoin and FED? Analysts Evaluate! Bitcoinsistemi 1주 전
How Will Inflation Data to be Announced Today Affect Bitcoin and FED? Analysts Evaluate!
Will Inflation Data Boost Bitcoin’s Appeal? Bitcoinhaber 1주 전
Will Inflation Data Boost Bitcoin’s Appeal?
CPI Data Today: Bitcoin Price Faces Uncertainty as Inflation Trends Evolve Coinpedia 1주 전
CPI Data Today: Bitcoin Price Faces Uncertainty as Inflation Trends Evolve
U.S. CPI Data Released: What’s the Impact on Crypto Market? Coinpedia 1주 전
U.S. CPI Data Released: What’s the Impact on Crypto Market?
Breaking: US CPI Rises To 3% Sparking Crypto Market Crash Speculations Coingape 1주 전
Breaking: US CPI Rises To 3% Sparking Crypto Market Crash Speculations
US CPI Data Expectations: No Change, But 10x Research Hints Bitcoin Rally! Coinpedia 1주 전
US CPI Data Expectations: No Change, But 10x Research Hints Bitcoin Rally!
Will US CPI Data Start a Rally in Bitcoin? Analysis Firm Explained! Bitcoinsistemi 1주 전
Will US CPI Data Start a Rally in Bitcoin? Analysis Firm Explained!
CPI Shock in Bitcoin and Altcoins! What to Expect Next in BTC? Analyst Announces Critical Levels! Bitcoinsistemi 1주 전
CPI Shock in Bitcoin and Altcoins! What to Expect Next in BTC? Analyst Announces Critical Levels!
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Bitcoin and Altcoins Rise After Falling with US CPI Data! Ethereum (ETH) and This Altcoin Lead the Way! – What to Expect Next? Bitcoinsistemi 1주 전
Bitcoin and Altcoins Rise After Falling with US CPI Data! Ethereum (ETH) and This Altcoin Lead the Way! – What to Expect Next?
Lower CPI Print Could Ignite Bitcoin Rally, Analyst Suggests Possibilities Ahead of February 12 Release Coinotag 1주 전
Lower CPI Print Could Ignite Bitcoin Rally, Analyst Suggests Possibilities Ahead of February 12 Release
Bitcoin Investors Brace for Market Shifts Ahead of US CPI Report Coinotag 1주 전
Bitcoin Investors Brace for Market Shifts Ahead of US CPI Report
U.S. CPI and Core CPI Surpass Estimates, Raising Cryptocurrency Market Interest Coinotag 1주 전
U.S. CPI and Core CPI Surpass Estimates, Raising Cryptocurrency Market Interest
US Inflation Rises to 3%, Potential Impacts on Bitcoin and Crypto Market Sentiment Coinotag 1주 전
US Inflation Rises to 3%, Potential Impacts on Bitcoin and Crypto Market Sentiment
Bitcoin (BTC) May Benefit from Upcoming Inflation Data Despite Limited Bullish Rally Expectations Coinotag 1주 전
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