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
Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares
Bitcoin Magazine Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares Bitcoin’s price has d...
Binance bStocks Hits $1 Billion As Tokenized Stock Trading Accelerates
TL;DR: Binance says its bStocks tokenized-equity offering has surpassed $1 billion in assets under management, four months after l...
Bitcoin’s inflation hedge has a hidden cost, and leverage makes it worse
Borrowing costs, missed interest income, and futures fees can all eat into returns even when Bitcoin holds its value. That's a big...
Borderless.xyz report finds stablecoin payments beat bank FX rates
Stablecoin payments' efficiency over banks could reshape cross-border transactions, emphasizing dynamic provider selection to mini...
Polymarket Bitcoin and Rate Hike Odds Shift as CME Says No Change
Polymarket put the odds of a 25-basis-point Federal Reserve rate hike in October at 23%, with $43 million traded, while CME FedWat...
BIS paper finds banks could slow stablecoin growth by raising rates
Rising bank rates could curb stablecoin growth, impacting monetary policy, regulation, and competition between banks and digital c...