The January US CPI data is in, and it’s not what the market anticipated. Consumer prices surged by 0.5% in the first month of 2025, exceeding the expected 0.3% increase.
On a year-over-year basis, CPI rose 3%, slightly above the forecasted 2.9% and higher than December’s 2.9% reading. The unexpected uptick signals persistent inflationary pressures, which could influence market expectations and Fed policy decisions.
Bitcoin wallets have hit a five-month low as retail investors sell, while whales accumulate billions and institutional outflows continue amid global economic uncertainty.
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There’s endless shared trauma in crypto. But among the most common feels would be the kick to the guts that is buying a coin only to have it crash almost immediately.
Buyers of ETH ETFs are going through it right now.
ARK Invest’s Cathie Wood is steadfast on her estimate that Bitcoin may rise to $1.5 million by 2030, despite a bold projection that is causing a stir across the crypto space.
After the news of the Securities and Exchange Commission (SEC) and Binance’s request to halt their legal battle, some believe other crypto litigations will be next. However, Coinbase’s “unique” situation could shed some light on the regulatory agency’s new crypto approach.
Coinbase To Follow SEC Vs Binance’s Steps?Following the news of the SEC and Binance’s joint motion to stay the US regulator’s lawsuit against the global crypto exchange, the industry has speculated that other crypto litigations, including Coinbase, will follow suit.
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