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Cryptocoins News / The Cointelegraph ​ - 1 week ago

Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.Bitcoin (BTC) saw weakness around Wednesday’s Wall Street open as markets reacted to key US inflation data.Ke...

Bitcoin News / Bitcoin.com - 1 week ago

Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test

U.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target. The U.S. Consumer Price Index (CPI) rose 0.1% in Jul...

Cryptocoins News / The Cointelegraph ​ - 1 week ago

El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’

Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s global profile. It’s been five years since El Salvador became the first country to adopt Bi...