Crypto Prices Explode CPI Day as Inflation Falls, Traders Call Macro Bottom - Which Coins to Buy
Stocks and the Bitcoin price pumped to $18,000 on bullish CPI data below forecast, 7.1% year on year versus 7.3% expected. Bitcoin is now up 5% in the past day, trading back above the June lows of $17,500 broken last mon...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin is now up 5% in the past day, trading back above the June lows of $17,500 broken last month following the collapse of FTX exchange. Ethereum and many of the big caps are up 6-7% including Dogecoin, Solana, Polygon, Avalanche, and XRP.
That's the sentiment shared by some top traders. ...
Read More: Crypto Prices Explode CPI Day as Inflation Falls, Traders Call Macro Bottom - Which Coins to Buy
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised...
How crypto turned a 68-point deficit into a market lead as Bitcoin and top altcoins outrun the Nasdaq
Bitcoin trailed the Nasdaq 100 by 68 percentage points over the past year, and it has spent the last 60 days turning that deficit...
Kalshi Files for Perpetual Futures on US Stocks and Copper, Its First on Equities
Kalshi asked the Commodity Futures Trading Commission on Aug. 18 to approve perpetual futures on a US large-cap stock index and on...
Kraken Unlocks 7,000+ US Stocks for EEA Users, Bringing Crypto and Equities Together
Key Takeaways: Kraken added 7,000+ stocks from the USA to eligible EEA customers. A user can trade stocks or 700+ xStocks and 600+...
Microsoft Copilot AI Predicts When Bitcoin Could Finally Reach $100,000 In 2026
September brings two regulatory decisions on opposite sides of the Atlantic. Microsoft Copilot AI predicts they set the tone for t...
Coinbase Launches US500 Perps, Bringing 500 U.S. Stocks Into One Crypto Contract
Key Takeaways: Coinbase has introduced US500 Perps, which enables traders to gain exposure to 500 top U.S. companies. It can be tr...