Bitcoin Dumps to Monthly Lows on Hot Inflation Data and Warsh Comments: Weekly Crypto Recap
Both CPI and PPI showed notable increases MoM and YoY.
Bitcoin fell to monthly lows after hotter-than-expected US inflation data, with both CPI and PPI rising notably on a month-over-month and year-over-year basis. Comments from Kevin Warsh added to the pressure on risk assets. Traders care because persistent inflation reduces the likelihood of near-term rate cuts, a headwind for crypto liquidity and sentiment.
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1H AGOYou’re reading thisBitcoin Dumps to Monthly Lows on Hot Inflation Data and Warsh Comments: Weekly Crypto RecapCryptoPotato · Score 70
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12H AGOBeInCrypto · Score 15 · via Hike Fears, Fears
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15 OCT · 15:53Bitcoin Magazine · Score 65 · via Hot Inflation, Inflation Data
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15 OCT · 15:20Decrypt · Score 75 · via Hot inflation, Hot
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15 OCT · 13:53The Defiant · Score 65 · via Inflation Accelerates, Gasoline
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15 OCT · 11:48Decrypt · Score 72 · via Hot Inflation, Inflation Data
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15 OCT · 07:54BeInCrypto · Score 65 · via $80,000 Hot, Hot
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15 OCT · 07:28CryptoNews · Score 65 · via Fed Rate, Fears
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15 OCT · 06:34Crypto Briefing · Score 45 · via Fed rate, hike
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14 OCT · 17:52Bitcoin.com News · Score 65 · via Bitcoin Slips, Slips
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14 OCT · 16:51The Block · Score 75 · via hike, Fed hike
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14 OCT · 15:00CryptoSlate · Score 85 · via hike, odds
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14 OCT · 14:51Decrypt · Score 75 · via Hot Inflation, Hot
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14 OCT · 14:30Bitcoin Magazine · Score 55 · via Inflation Data, Hotter-Than-Expected Hotter-Than-Expected
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14 OCT · 12:59The Defiant · Score 75 · via US Inflation, Gasoline
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14 OCT · 12:35CryptoPotato · Score 75 · via September CPI, CPI
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14 OCT · 12:35BeInCrypto · Score 75 · via Fed Hike, Hike
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14 OCT · 12:33CoinDesk · Score 85 · via hot, sending
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14 OCT · 11:15CoinDesk · Score 20 · via U.S inflation, inflation
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14 OCT · 10:51CoinDesk · Score 25 · via inflation data, $83,000
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14 OCT · 09:45CoinDesk · Score 55 · via U.S inflation, inflation data
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12 OCT · 11:41Decrypt · Score 47 · via Inflation Data, Ranges