Bitcoin still beating US dollar versus ‘eggflation’ — Fed data
Bitcoin is an unlikely choice for egg purchasing, but the amount needed per dozen speaks for itself.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin is an unlikely choice for egg purchasing, but the amount needed per dozen speaks for itself.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US Jobs Data Miss Sends Dollar Lower, Boosting Bitcoin’s Macro Tailwinds
US economy added 57,000 jobs in June versus 110,000 forecast, pressuring the dollar and shifting Fed rate expectations in a move w...
Dollar nears two-week lows as rate-hike bets recede, sending Bitcoin and Ether sharply higher
The dollar's decline amid receding rate-hike bets boosts crypto, highlighting market sensitivity to economic data and Fed policy s...
Strategy Still Dominates Corporate Bitcoin, But Treasury Premiums Are Under Pressure
Strategy still sits at the centre of the corporate Bitcoin map. BitcoinTreasuries data shows the company holding 847,363 BTC, keep...
Bitcoin Rebounds Toward $63,000, But ETF Flows Still Hold The Key
Bitcoin has started the new week with a little more colour on the screen. After sliding through the kind of levels that usually tr...
Opinion: The failures and follies of Trump’s crypto White House
Early in Donald Trump’s term, his then-advisor David Sacks announced the administration’s intention to pass a stablecoin regulator...
Coinbase AI push notification hallucinated World Cup winner
Coinbase sent a push notification about Norway beating Brazil in their World Cup match yesterday hours before the result of the ma...