Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive.
CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive.
Original source
Read on CointelegraphRelated market context
Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days
On July 1, 2026, the temporary permission that lets crypto companies keep operating in Europe while they wait for a proper MiCA li...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...
Are 24/7 CME Bitcoin futures a volatility cure — or a new leverage trap?
Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for...
Hester Peirce Bids Farewell to the SEC After Nearly 30 Years
SEC Commissioner Hester Peirce delivered her farewell remarks on Tuesday at the U.S. Chamber of Commerce Capital Markets Summit in...