Bitcoin slumps 3% as data reveals hotter than expected CPI print
Bitcoin sinks on news that CPI inflation came in above expectation. The odds of a fourth 75 bps rate hike have increased as a result.
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Bitcoin sinks on news that CPI inflation came in above expectation. The odds of a fourth 75 bps rate hike have increased as a result.
Samuel Wan 2 min read
The session panelists agreed that the debt-based system is inherently flawed and incapable of resolving inflation and currency debasement. Bitcoin offers an alternative system that is the antithesis to old ways that have led us to this point.
A cartoon control panel contains both obvious and symbolic depictions of a currency crisis. Notably, Bitcoin is featured alongside major fiat currencies.
Author Dominic Frisby makes a case for holding both BTC and gold when it comes to protecting oneself during precarious geopolitical times.
The ten-year treasury chart showed that yield grew to 3.89% within the past year, while the top two digital assets shed over 60% of their values.
Bitcoin sell off occurs in reaction to news the red hot U.S. labour has continued on into September.
The 166 year-old bank is struggling amid a series of disastrous events, but Justin Sun is willing to buy Credit Suisse assets and bring them into Web3.
Bitcoin is holding steady as rumors of banking collapse circulate — some observers see this as the start of cryptocurrencies "decoupling" from legacy finance.
The safe haven narrative returns as Bitcoin's price performance shows a distinct inversion against the S&P 500.
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