Macroeconomics | ForkLog

ForkLog 13 11.01.2024

US Inflation Accelerates as Bitcoin Ignores Economic Data

Annual inflation in the US accelerated to 3.4% in December, surpassing the consensus forecast of 3.2% and the previous month’s figure of 3.1%. On a monthly basis, the consumer price index rose by 0.3%, a rate three times faster than in November. This figure also exceeded economists’ expectations of 0.2%. Data: CNBC. The index excluding […]

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ForkLog 7 13.12.2023

Fed holds key rate. Bitcoin barely moved.

On December 13, the U.S. Federal Reserve (Fed) held the target range for the federal funds rate at 5.25–5.5%.

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ForkLog 15 20.11.2023

Milei’s Victory in Argentina Elections Brings Bitcoin in Pesos Closer to ATH

Bitcoin, paired with ARS, moved toward a record high after reports of Milei's victory in the presidential election.

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ForkLog 12 20.11.2023

Bitcoin advocate Javier Milei elected Argentina’s president

Javier Milei was elected President of Argentina with an 11.4% margin after 99.3% of the votes were counted. The former libertarian deputy said he would 'burn' the central bank and abandon the peso in favor of the dollar to defeat inflation.

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ForkLog 8 17.11.2023

Experts Predict Capital Inflows Into Bitcoin After Fed Pivot

Bitfinex: the Fed's shift from tightening to easing monetary policy could have a positive impact on cryptocurrencies.

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ForkLog 14 14.11.2023

US inflation slows; Bitcoin fails to react to macro data

Year-over-year inflation in the United States for October slowed to 3.2%, below the consensus forecast of 3.3%. This is the first decline in the metric in four months.

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ForkLog 9 10.11.2023

Matrixport: Bitcoin to Reach $40,000–$45,000 in 2023

Matrixport: a breakout above $36,000 would push BTC toward the technical resistance at $40,000 and potentially set the stage for a move to $45,000 by the end of 2024.

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ForkLog 11 07.11.2023

Bitfinex: Bitcoin price supported by expectations of a softer Fed policy

Bitcoin remains around the $35,000 mark as weaker US employment data suggest the Fed will take a dovish stance. Bitfinex analysts said.

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ForkLog 13 01.11.2023

Fed Holds Key Rate; Bitcoin Reacts Tepidly

On November 1, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25% to 5.50%.

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ForkLog 16 12.10.2023

U.S. inflation slowdown stalls; Bitcoin volatility returns

US consumer price inflation in September rose 3.7% year over year, as in the previous month, beating forecasts of 3.6%. Bitcoin traded with mixed moves around $26,800.

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ForkLog 4 04.10.2023

BIS Develops Global System to Monitor Cryptocurrencies

The Bank for International Settlements (BIS) presented a proof of concept for a dynamic mapping system of the circulation of digital assets.

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ForkLog 12 04.10.2023

Experts flag strong prospects for further Bitcoin growth

September closed higher for the first time in eight years, fueling bullish sentiment for October, according to Bitfinex analysts.

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#Macroeconomics