CPI inflation
July CPI Today: Bitcoin Braces for $63K Decision Point
The July Consumer Price Index report drops at 8:30 a.m. ET today—a watershed moment for bitcoin and the broader crypto market that could determine whether the Federal Reserve’s hawkish minority finally breaks through consensus. Bitcoin trades near $63,721 as traders brace for what many see as the most consequential inflation print in months, with three...
Here’s What Happened in Crypto Today
Bitcoin whales are accumulating at levels not seen in six months amid rising retail capitulation, while U.S. regulators prepare for a pivotal vote on crypto offerings and institutional adoption accelerates across multiple fronts. The combination of whale positioning, regulatory clarity, and major exchange approvals in offshore jurisdictions is reshaping the investment landscape as markets await...
Here’s What Happened in Crypto Today
Bitcoin’s network demonstrated overwhelming consensus against protocol changes today, while regulatory clarity inched closer on Capitol Hill and spot market dynamics shifted sharply across altcoins. The cryptocurrency sector faces competing pressures from a decisive technical vote, an incoming inflation data release, and collapsing institutional flows into newer digital assets. Bitcoin Overwhelmingly Rejects BIP-110 Fork Proposal...
Fed Chair Warsh Crushes Rate-Cut Hopes Despite Dovish CPI Print
Fed Chair Warsh’s hawkish pivot has substantially dampened cryptocurrency markets despite a surprisingly dovish June CPI report, leaving Bitcoin and Ethereum struggling to maintain gains heading into the July 29 Federal Reserve decision. The inflation data released on July 14 showed headline CPI falling 0.4% month-over-month—the largest monthly decline since April 2020—yet Fed leadership’s refusal...