All Eyes Are On The Consumer Price Index

All Eyes Are On The Consumer Price Index

The consumer price index will define market moves and the new Magma protocol on the Lighting Network will allow Bitcoin to grow even bigger.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Joe Consorti to talk about inflation and exciting new developments on the Lightning Network.Watch This Episode On YouTube Or RumbleListen To The Episode Here:AppleSpotifyGoogleLibsynQ: Specifically, you guys at the Bitcoin Layer spend so much more time focusing on bonds and interest rates. What are you guys seeing? What are you guys....


Related News

TA- The Price Of Fantom Shows Strength – Eyes $0.70

The price of Fantom (FTM) shows strength and could be set for a major run against Tether (USDT) with eyes set on $0.7.  Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market. As a consequence, the price of Fantom was able to try and break out of its range. Related Reading: Latest Report Shows Ethereum Whales Buy 312 Billion SHIB During Crypto Winter The consumer price Index measures inflation in the economy, due to market sentiments this affects the prices of....

Bitcoin Is The Safe Asset With Consumer Price Index At 8.5%

The Consumer Price Index hit an elevated rate of 8.5%. The addressable market for an immutable asset like bitcoin with its limited supply is above $100 trillion.

TA- Shiba Inu Price Struggles, But Could Be Set For A Major Run

The price of the Shiba Inu (SHIB) could be set for a major run as it holds its support against Tether (USDT).  Bitcoin’s (BTC) price saw a bounce from $23,000 to $24,800 as the favorable news from the consumer price Index (CPI) saw a good response across the boards in the crypto market as the price of Shiba Inu eyes $0.00001700. Related Reading: AVAX Holds Steady And Sets Sights On $50 Barrier Breach The consumer price Index measures inflation in the economy, due to market sentiments this affects the prices of assets. (Data feeds from Binance) Shiba Inu Price Analysis On The Weekly....

Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consum...

The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse Than Expected, Report Signals an Aggressive Fed Rate Hike on the Horizon, Global Markets Shudder U.S. inflation numbers for September are in, and the inflation rate, or CPI, is worse than expected. According to the U.S. Bureau of Labor....

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to $24,000. CPI Report Boost Bitcoin Price According to the Consumer Price Index report (CPI) that the U.S. Bureau of Labor and Statistics released on Wednesday, consumer costs remained unchanged, putting inflation at 8.5%. Prior to this, analysts anticipated that the index, which analyzes price changes across a wide range of products and services, would increase by 0.2% to reveal inflation to....