Bitcoin and ether rise after in-line U.S. CPI print
Bitcoin and ether moved higher following the latest U.S. inflation data, which analysts said did not materially change the Fed rate-path outlook.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
3 results loaded, newest first. End of these results.
Bitcoin rises to $79,000 after hotter core CPI
Bitcoin jumped back to $79,000 and Ethereum reached $2,600 after August core CPI came in at 0.3% month over month, versus a 0.2% estimate. Traders also repriced September Fed hike odds higher.
Fed balance sheet rises $11.388 billion to $6.76 trillion
Veteran economist Peter Schiff said Federal Reserve Chair Kevin Warsh ‘s inflation-fighting rhetoric doesn’t match the central bank’s actions after the Fed’s balance sheet jumped by more than $11 billion last week. Fed is Creating Inflation, Schiff Says “Forget about what Warsh says; pay attention to what the Fed does,