Jobless Claims Surge as Recession Fears Rise
Crypto markets rebounded as U.S. jobless claims surged to 263,000, overshadowing inflation data; $SOL rose 11% and $DOGE gained 17% weekly. #Update #Crypto $SOL $DOGE
Inflation
Bitcoin Stays Below $112K After Jobs Report
Bitcoin remains below $112K after a disappointing U.S. jobs report, with only 22,000 job additions in August, raising concerns of further sell-offs ahead. #Update #Crypto $BTC
Bitcoin Surpasses S&P 500 YTD Performance
Bloomberg’s Mike McGlone highlights $BTC’s year-to-date outperformance of the S&P 500, warning of potential deflationary pressures akin to past market crashes. #Update #Crypto $BTC (-3) ↘
Trump Aids Canadian Inflation Drop
Canada’s CPI fell unexpectedly in March, influenced by President Trump’s policies, impacting inflation as the election approaches. #Update #Economy (+3) ↗
Bitcoin Breaks $81K Amid Inflation Slowdown
Bitcoin surpasses $81,000 as U.S. CPI drops 0.4% in March, marking an annual inflation rate of 2.4%, influencing crypto market dynamics. #Update #Crypto $BTC (+7) ↗
Bitcoin Rally Predicted by Truflation Data
@Truflation reveals a correlation between its real-time inflation data and $BTC, noting that bitcoin rallies often follow pauses or reversals in disinflation trends. #Update #Crypto $BTC (+3) ↗
Crypto Rallies Predicted Fed Policy Shift
A crypto analyst predicts rallies as the Federal Reserve may end quantitative tightening, but warns of short-lived gains. Bitcoin trades at $83,248. #Update #Crypto $BTC (+3) ↗
US Inflation Falls Blockchain Reveals Lower
The U.S. Bureau of Labor Statistics reports February’s Consumer Price Index dropped to 2.8%, below the expected 2.9%, while blockchain data suggests even lower inflation rates. #Update #Economy (+3) ↗
Bitcoin Breaks $98K After Inflation Report
Bitcoin’s price surged past $98,000 following the release of U.S. inflation data showing a 0.2% rise in December 2024, with the annual CPI reaching 2.9%. $ADA also saw a significant increase of 4.67% within an hour. #Update #Crypto $BTC (+7) ↗
Bitcoin Surge May Stall Before FOMC
Bitcoin’s Trump-fueled rally, up 47% since November, may face hurdles ahead of the January FOMC meeting due to the US Federal Reserve’s interest rate stance, says @10xResearch. BTC trades at $101,555. • #Update • #Crypto • $BTC • (+3) • →
Bitcoin Surge: Hayes Predicts $1M
Arthur Hayes, co-founder of @BitMEX, predicts $BTC could hit $1M due to global monetary expansion and inflationary pressures as governments increase money printing to sustain economic growth. #Update #Crypto @BitMEX ↗ +3
Polkadot Upgrade Boosts Inflation Transparency
Polkadot developer Kian Paimani proposes a significant upgrade with “pallet_inflation” to improve inflation logic transparency and configurability, aiming for more predictable economic conditions for DOT token holders, enhancing ecosystem stability.
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