US inflation slows unexpectedly, Bitcoin rises
In November, the US Consumer Price Index fell by 0.3%. On an annual basis, without seasonal adjustment, CPI reached 2.7% (down from 3% in October).The branch of economics studying the behavior and performance of an economy as a whole.
US inflation slows unexpectedly, Bitcoin rises
In November, the US Consumer Price Index fell by 0.3%. On an annual basis, without seasonal adjustment, CPI reached 2.7% (down from 3% in October).
US Inflation Rises Below Forecasts; Bitcoin Shows Tepid Reaction
In September, the US Consumer Price Index increased by 0.3%, compared to 0.4% the previous month. On an annual basis, without seasonal adjustment, CPI rose to 3.0% (up from 2.9% in August).
The shifting economic axis and the dollar’s “super-bitcoinization”
In an interview with podcaster Peter McCormack, entrepreneur and The Network State author Balaji Srinivasan forecast an imminent collapse of the Western economy, the “super-bitcoinization” of the US dollar and the emergence of Asia as the new global financial centre. ForkLog has prepared a concise recap of the wide-ranging conversation, in which the creator of […]
Lacy Hunt on the Fed and America’s outlook
As of 2025, US public debt amounted to 124% of the country’s GDP, roughly $30trn, surpassing the level seen during the second world war. Lacy Hunt, executive vice‑president and chief economist at Hoisington Investment Management, outlined a troubling outlook for the US economy. In an interview with WorthNet the former Federal Reserve official delivered a […]
Analyst Predicts a ‘Very Favorable’ Period for Bitcoin
The extremely low dollar index (DXY) alongside the historical peak of the US national debt should serve as “fuel” for a rally in the leading cryptocurrency, according to CryptoQuant contributor known as Darkfost.
Bitcoin sinks below $104,000 after Israeli strikes on Iran
On 12 June, the prices of bitcoin and Ethereum fell after reports of Israeli air strikes on Iran. The escalation prompted investors to pull back from risk assets. Over the past 24 hours, bitcoin dropped 3.6%, slipping below $104,000. At the time of writing it traded at $103,970. Daily BTC/USD chart on Binance. Source: TradingView. […]
Bitcoin Price Shows Tepid Reaction to US Inflation Slowdown
In May, the US Consumer Price Index rose by 0.1%, compared to 0.2% in April. On an annual basis, without seasonal adjustment, the CPI increased to 2.4%. The primary driver of inflation was real estate, with the housing price index rising by 0.3% for the month (3.9% for the year). Food prices showed a similar […]
Binance Executive Explains Bitcoin’s Rise Amidst Adversity
The price of the leading cryptocurrency continues to rise despite outflows from spot ETFs and social unrest in the United States. Kirill Khomyakov, head of regional markets for Binance in the CIS, Central and Eastern Europe, and Africa, commented on the situation for ForkLog.
Bitcoin Dips Below $108,000 Amid Trump’s Tariff Threats Against the EU
The price of the leading cryptocurrency fell by over 3% within an hour following U.S. President Donald Trump’s threat to impose a 50% tariff on EU products starting June 1. Currently, Washington is negotiating with Brussels after the implementation of the so-called 90-day tariff truce. According to the Financial Times, the current progress does not […]
Institutional Interest Bolsters Bitcoin as Crypto Fund Inflows Reach $7.5 Billion
Weekly inflow into BTC-ETFs slowed from $934.2 million to $603.7 million. Demand for products halted the correction after Bitcoin reached a new high since January. From May 10 to 16, net inflow into cryptocurrency investment funds amounted to $785 million compared to $882 million in the previous period, according to a report by CoinShares. The […]
BIS Reports on Cryptocurrency’s Role in Global Trade
At its peak in 2021, Bitcoin, Ethereum, USDT, and USDC accounted for $2.8 trillion, or 12% of global merchandise trade. These estimates were provided by analysts at the Bank for International Settlements (BIS). Source: BIS. Data from 184 countries covered the period from the first quarter of 2017 to the second quarter of 2024. Approximately […]
Bitcoin Surges Past $99,000 Amid Trump’s Tax and Trade Deal Promises
On the morning of May 8, the price of the leading cryptocurrency surpassed the $99,000 mark. The catalyst was U.S. President Donald Trump’s promises of “the biggest tax cut” and a “major trade deal.” According to informed sources NYT, the latter involves Britain. Details of the agreement remain unknown. At the time of writing, Bitcoin […]We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.