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Bitcoin slips before U.S. inflation report as traders price in Fed rate increase

Bitcoin slips before U.S. inflation report as traders price in Fed rate increase
AI summary

Bitcoin traded lower ahead of the U.S. inflation report as traders priced in a Federal Reserve rate increase. Fed Governor Waller backed December tightening even if inflation cools, a hawkish signal that weighs on risk assets. Falling oil prices offered some relief, but crypto traders are watching the inflation print for direction on rate policy.

Narrative history
19 linked stories · 10 outlets · since 14 Oct
  1. 23M AGO
    CoinDesk · Score 45 · via stock rebound, inflation
  2. 38M AGO
    The Defiant · Score 72 · via Waller, Bitcoin slips
  3. 59M AGO
    You’re reading this
    Bitcoin slips before U.S. inflation report as traders price in Fed rate increase
    CoinDesk · Score 55
  4. 1H AGO
    Cointelegraph · Score 65 · via Waller, Fed rate-hike
  5. 16H AGO
    Decrypt · Score 55 · via Inflation, Fed rate
  6. 9 NOV · 09:33
    CoinDesk · Score 25 · via U.S inflation, inflation
  7. 9 NOV · 08:50
    crypto.news · Score 55 · via US inflation, inflation
  8. 6 NOV · 17:49
    Cointelegraph · Score 62 · via rate-hike bets, rate-hike rate-hike
  9. 6 NOV · 14:30
    Bitcoin Magazine · Score 55 · via $75,000 hot, lifts December
  10. 6 NOV · 12:09
    BeInCrypto · Score 35 · via Payrolls, Nonfarm
  11. 1 NOV · 17:23
    BeInCrypto · Score 45 · via Inflation Fed, Inflation
  12. 16 OCT · 03:45
  13. 15 OCT · 15:53
    Bitcoin Magazine · Score 65 · via hot inflation, inflation data
  14. 15 OCT · 15:20
    Decrypt · Score 75 · via Hot inflation, rate-hike
  15. 15 OCT · 11:48
    Decrypt · Score 72 · via keeps rate, alive
  16. 15 OCT · 09:40
    CryptoNews · Score 25 · via hike fears, hike
  17. 15 OCT · 03:57
  18. 14 OCT · 16:51
    The Block · Score 75 · via hike fears, hike
  19. 14 OCT · 14:51
    Decrypt · Score 75 · via hot inflation, hike
  20. 14 OCT · 12:35
    CryptoPotato · Score 75 · via hike fears, hike
Most read · 72h

Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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