Inflation

It’s no surprise a BTC-backing candidate just won a primary election in Argentina.

Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.

The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.

Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.

Economists had forecast sizable year-over-year declines in both headline and core inflation for this report.

Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.

The unemployment rate fell to 3.6% versus 3.7% in May and against expectations for 3.7%.

The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.

With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

The U.S. central bank had previously raised rates at 10 consecutive meetings spanning the previous 15 months.