Bitcoin price tags $97K despite high producer price inflation, no US tariff ruling
Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November Producer Price Index data.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price action headed to new eight-week highs, diverging from US stock markets after higher-than-expected November Producer Price Index data.
Why this matters
Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Osmosis Crypto Rallies as OSMO Ends Inflation: Fixed Supply Drives Next Big Coin?
Osmosis crypto is gaining attention after its community voted to end new OSMO issuance. The change took effect on October 26, cutt...
Charles Hoskinson’s Midnight to Hit 50,000 Transactions as Crypto Privacy Race Heats Up
Charles Hoskinson’s Midnight crypto network has recorded its busiest day yet, processing 49,229 transactions on October 25. That w...
Robinhood Crypto Revenue Plunges 55% in Q3 Despite Record $1.42B Overall Revenue
Robinhood reported record quarterly revenue of $1.42 billion as growth in options and prediction markets offset a sharp decline in...
SoFi Q3 Crypto Transactions Bring in $161M but Leave Little Behind
SoFi’s cryptocurrency business generated $161.6 million in gross transaction revenue during the third quarter, but retained just $...
Monad Wins a Stablecoin Card Infrastructure Deal With Reap and Meru
TL;DR: Reap announced on October 26 that it would add the Monad blockchain to its stablecoin-linked card infrastructure, with Lati...
Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG
Robinhood helped launch a rival dollar-backed token, USDG, but will also offer Ripple's stablecoin to retail customers later this...