CPI
Bitcoin, after posting another record-high of just under $73,000 Monday, lost 0.7% Tuesday
Goods marked a 0.4% month-over-month price increase, compared with a 0.5% monthly increase in January, which is in line with analysts’ expectations
Even a slight decline in the historically high inflation Americans have experienced for roughly 18 months is a cautiously positive sign, analysts say
Markets remain indecisive, with wide 2% swings seen in both directions shortly the report’s release
Wall Street’s ‘fear gauge,’ has remained well below its one-year average, indicating traders think that have handle on the Fed’s next moves
Bitcoin and ether inched into the green at the close Monday, rallying 0.2% and 0.3%, respectively
July’s CPI report came in 0.2% lower than expected, showing an 8.5% increase in prices across the board year over year
Bitcoin and ether both slid immediately following the release of the report, losing 2.5% and 3.4%, respectively, while the tech-heavy Nasdaq opened 1.6% lower
As analysts expect a slower year of growth in 2022, rising inflation pushes investors to take off risk
European equity markets fell Monday while cryptocurrency traders were largely unphased
The unfolding situation in Eastern Europe has ratcheted up market uncertainty, leading investors to sell or stick to the sidelines
The prospect of an executive order from the US president relating to cryptocurrencies added to market uncertainty
The US and NATO say Russia has not partially removed troops from Ukraine’s border yet, causing more fear among investors
Tensions at Ukraine’s border eased slightly after positive remarks from Putin, leading to a jump in both cryptocurrencies and stocks
Market uncertainty continues to mount as St. Louis Fed President calls for quicker rate hikes and tensions build between Russia and Ukraine
Uncertainty and fear in the market continue to ramp up as tensions in Ukraine mount and investors prepare for aggressive rate hikes
Uncertainty reentered the market as soaring inflation leads investors to believe that the Fed may turn more hawkish than expected
As inflation continues to rise more than expected, analysts consider what the Fed might do at its next policy setting meeting
Fed Chair Jerome Powell spoke on the Fed’s policy changes and revealed that rate hikes were on the horizon but would remain unchanged for now
Crypto remained steady today despite stocks sinking further as investors prepare for Fed Chair Jerome Powell’s press conference tomorrow
Tension between Russia and Ukraine have added fear to the markets as investors prepare for Fed Chair Jerome Powell’s comments later this week
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