The post Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action appeared first on Coinpedia Fintech News The latest U.S. inflation data has given markets a fresh wave of optimism. The August CPI rose 2.7% year-over-year, in line with expectations, while the PPI cooled sharply to 1.8% compared to the
The Ethereum price held steady on Thursday morning as market participants waited for the upcoming US inflation data. ETH was trading at $4,400, a range it has been at in the past few days. This price is a few points below the year-to-date high of $4,945. So, will it rise or fall ahead of the
Metaplanet stock price remains under intense pressure as investors sour on Bitcoin treasury companies and its Bitcoin premium slips. It was trading at ¥680 on Thursday, down by 65% from its highest level this year. The stock is about 21% above the lowest level this week. This article explores the top reasons why Metaplanet shares
Klarna stock price rose initially after its much-anticipated initial public offering. KLAR surged to over $57 and then closed at $45, giving it a market capitalization of over $17 billion. This article explores whether it is safe to buy the Klarna stock now. Klarna is a growing company Klarna, a Swedish technology company that offers
The Nikkei 225 Index jumped to a record high on Thursday, helped by the strong performance of Softbank, the giant telecommunication and investing powerhouse. It jumped to a high of ¥44,352, continuing an uptrend that started in April when it bottomed at ¥30,800. Softbank helped to propel the Nikkei 225 Index The ongoing Nikkei Index
The Indian rupee plunged to a record low against the US dollar today, September 11, as concerns about the US and Indian trade relations remained. The USD/INR pair soared to a high of 88.52, continuing a trend that has been going on since it bottomed at 83.83 in April. Fundamentals point to an Indian rupee
The Trade Desk stock price has suffered a harsh reversal as it moved from the best performer in the Nasdaq 100 Index in 2024 to the worst one. TTD plunged to a low of $46.50 on Wednesday, its lowest level since April 9. It has dropped by 67% from its highest level in December, erasing
Broadcom stock price has been in a relentless bull run this year as it surged to a record high. It moved to a high of $370, bringing the year-to-date gains to 60%. It has surged by almost 1,000% in the last five years. This article explains why the AVGO stock price has surged this year,
The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent changes to its data practices. In a letter published Wednesday, the office of the inspector general for the Labor Department cited the BLS’ recent decision to reduce data collection activities for two key inflation reports, as well as the large
Business tycoon Elon Musk agreed with Vice President JD Vance’s assertion that the bulk of violent crime is perpetrated by a small pool of people who should be locked up. ‘The big lie the Democrats told about violent crime is that it’s ‘systemic’ and therefore no one’s really responsible. If the ‘system’ is to blame