{"id":574936,"date":"2024-02-14T03:00:23","date_gmt":"2024-02-14T03:00:23","guid":{"rendered":"https:\/\/ktsl888.com\/?p=574936"},"modified":"2024-06-11T07:09:07","modified_gmt":"2024-06-11T07:09:07","slug":"inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/","title":{"rendered":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts"},"content":{"rendered":"

The latest US inflation data significantly impacted the Bitcoin price and most of the <\/span>cryptocurrency market<\/span><\/a>, with some exceptions. According to a report from the Labor Department, inflation rose more than expected in January, driven by higher shelter prices.<\/span><\/p>\n

Furthermore, the consumer price index (CPI), which measures the prices consumers face for goods and services across the economy, saw a 0.3% increase for the month. On a 12-month basis, the CPI stood at 3.1%, slightly lower than December’s 3.4%.<\/span><\/p>\n

Bitcoin Price Retreats Amid Higher-Than-Expected CPI Figures<\/span><\/h2>\n

According to recent <\/span>reports<\/span><\/a>, the higher-than-expected CPI figures could pose challenges for the Federal Reserve (Fed), as officials anticipate inflation to recede and reach their 2% annual target. The central bank aims to adjust monetary policy, which has been tight over two decades.\u00a0<\/span><\/p>\n

However, the January increase in <\/span>inflation <\/span><\/a>may delay the Fed’s plans to ease rates, as it will require more data before initiating a rate-cutting cycle. This outcome disappointed those who expected inflation to decrease and prompted a reassessment of the timing for potential rate adjustments.<\/span><\/p>\n

Related Reading: These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally<\/a><\/div>\n

On this matter, market intelligence platform Santiment <\/span>reported <\/span><\/a>that the 3.1% CPI result caused market cap losses in cryptocurrency and equities markets. The Bitcoin price, which had breached the $50,000 mark for the first time in over two years, has fallen below $49,000 in response.\u00a0<\/span><\/p>\n

According to the crypto platform\u2019s analysis, this mild retrace will likely polarize crowd sentiment, potentially leading to significant panic sales. In such a scenario, the justification for dip buying becomes more viable, but sentiment may turn negative.\u00a0<\/span><\/p>\n

Bitcoin’s Market Cycle Patterns<\/span><\/h2>\n

Market expert Crypto Con has <\/span>identified <\/span><\/a>a striking pattern in Bitcoin’s market cycles, specifically concerning the 20 Week Exponential Moving Average (EMA). <\/span>Despite mounting concerns regarding inflation data, the analysis suggests that the Bitcoin price behavior tends to follow a consistent six-step pattern, with significant implications for support and potential correction levels.<\/span><\/p>\n

According to Crypto Con\u2019s analysis, Bitcoin’s price movement in each market cycle <\/span>has adhered to a similar pattern involving the 20-week EMA. The pattern unfolds<\/a> as follows:\u00a0<\/span><\/p>\n

First, as seen in the chart below, the Bitcoin price breaks above the moving average, marking the beginning of a new cycle and a notable uptrend. However, after the completion of the initial run, the price retraces and falls below the moving average, signaling a temporary shift in sentiment.<\/span><\/p><\/blockquote>\n

Despite the temporary setback, Bitcoin’s price then breaks above the moving average once more, indicating the start of a true rally and resumption of the upward trend.\u00a0<\/span>At this stage, price action creates a false retest of <\/span>support<\/span><\/a>, narrowly missing the moving average as a crucial support level. This false retest is a common occurrence in Bitcoin’s market cycles.<\/span><\/p>\n

\"Bitcoin
BTC’s market cycles and the importance of the 20 week EMA. Source: Crypto Con on X<\/a><\/figcaption><\/figure>\n

Following the false retest, Bitcoin embarks on a second run, representing a further advancement in the market cycle. Bitcoin’s price is currently positioned<\/a> during this phase<\/span>.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Plunges 5% After Elon Musk Gets Called Back For Twitter Probe<\/a><\/div>\n

According to the analysis made by Crypto Con, the full correction in Bitcoin’s price may not need to be as deep, as the moving average currently sits at approximately $40,000.\u00a0<\/span><\/p>\n

Ultimately, the analysis’s suggestion that the Bitcoin price may not dip below the $40,000 level during the ongoing bull run, even in the face of anticipated corrections, is particularly encouraging for bullish investors.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC’s price correction on the daily chart. Source: BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Bitcoin is trading at 48,600, down 3% in the last 24 hours.<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The latest US inflation data significantly impacted the Bitcoin price and most of the cryptocurrency market, with some exceptions. According to a report from the Labor Department, inflation rose more than expected in January, driven by higher shelter prices. Furthermore, the consumer price index (CPI), which measures the prices consumers face for goods and services across the economy, saw a 0.3% increase for the month. On a 12-month basis, the CPI stood at 3.1%, slightly lower than December’s 3.4%. Bitcoin Price Retreats Amid Higher-Than-Expected CPI Figures According to recent reports, the higher-than-expected CPI figures could pose challenges for the Federal Reserve (Fed), as officials anticipate inflation to recede and reach their 2% annual target. The central bank aims to adjust monetary policy, which has been tight over two decades.\u00a0 However, the January increase in inflation may delay the Fed’s plans to ease rates, as it will require more data before initiating a rate-cutting cycle. This outcome disappointed those who expected inflation to decrease and prompted a reassessment of the timing for potential rate adjustments. Related Reading: These Dogecoin Whale Transaction Stats Spell Trouble Despite Ongoing Crypto Rally On this matter, market intelligence platform Santiment reported that the 3.1% CPI result caused market cap losses in cryptocurrency and equities markets. The Bitcoin price, which had breached the $50,000 mark for the first time in over two years, has fallen below $49,000 in response.\u00a0 According to the crypto platform\u2019s analysis, this mild retrace will likely polarize crowd sentiment, potentially leading to significant panic sales. In such a scenario, the justification for dip buying becomes more viable, but sentiment may turn negative.\u00a0 Bitcoin’s Market Cycle Patterns Market expert Crypto Con has identified a striking pattern in Bitcoin’s market cycles, specifically concerning the 20 Week Exponential Moving Average (EMA). Despite mounting concerns regarding inflation data, the analysis suggests that the Bitcoin price behavior tends to follow a consistent six-step pattern, with significant implications for support and potential correction levels. According to Crypto Con\u2019s analysis, Bitcoin’s price movement in each market cycle has adhered to a similar pattern involving the 20-week EMA. The pattern unfolds as follows:\u00a0 First, as seen in the chart below, the Bitcoin price breaks above the moving average, marking the beginning of a new cycle and a notable uptrend. However, after the completion of the initial run, the price retraces and falls below the moving average, signaling a temporary shift in sentiment. Despite the temporary setback, Bitcoin’s price then breaks above the moving average once more, indicating the start of a true rally and resumption of the upward trend.\u00a0At this stage, price action creates a false retest of support, narrowly missing the moving average as a crucial support level. This false retest is a common occurrence in Bitcoin’s market cycles. Following the false retest, Bitcoin embarks on a second run, representing a further advancement in the market cycle. Bitcoin’s price is currently positioned during this phase.\u00a0 Related Reading: Dogecoin Plunges 5% After Elon Musk Gets Called Back For Twitter Probe According to the analysis made by Crypto Con, the full correction in Bitcoin’s price may not need to be as deep, as the moving average currently sits at approximately $40,000.\u00a0 Ultimately, the analysis’s suggestion that the Bitcoin price may not dip below the $40,000 level during the ongoing bull run, even in the face of anticipated corrections, is particularly encouraging for bullish investors.\u00a0 Bitcoin is trading at 48,600, down 3% in the last 24 hours. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":574938,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,485,656,679,7756,755,768,1119,1144,8390,78790,6664,1558],"class_list":["post-574936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-chart","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-signals","tag-bitcoin-technical-analysis","tag-bitcoin-trading","tag-btc","tag-btcusd","tag-btcusd-price","tag-btcusdt","tag-crypto","tag-cryptocurrency"],"acf":[],"yoast_head":"\nInflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts<\/title>\n<meta name=\"description\" content=\"The latest US inflation data had a significant impact on the Bitcoin price and most of the cryptocurrency market, with some exceptions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts\" \/>\n<meta property=\"og:description\" content=\"The latest US inflation data had a significant impact on the Bitcoin price and most of the cryptocurrency market, with some exceptions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-14T03:00:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:09:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"467\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts\",\"datePublished\":\"2024-02-14T03:00:23+00:00\",\"dateModified\":\"2024-06-11T07:09:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\"},\"wordCount\":634,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260\",\"keywords\":[\"bitcoin\",\"Bitcoin chart\",\"Bitcoin news\",\"bitcoin price\",\"bitcoin signals\",\"bitcoin technical analysis\",\"bitcoin trading\",\"btc\",\"btcusd\",\"btcusd price\",\"BTCUSDT\",\"crypto\",\"cryptocurrency\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\",\"url\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\",\"name\":\"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260\",\"datePublished\":\"2024-02-14T03:00:23+00:00\",\"dateModified\":\"2024-06-11T07:09:07+00:00\",\"description\":\"The latest US inflation data had a significant impact on the Bitcoin price and most of the cryptocurrency market, with some exceptions.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260\",\"width\":467,\"height\":260,\"caption\":\"Bitcoin price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/ktsl888.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts","description":"The latest US inflation data had a significant impact on the Bitcoin price and most of the cryptocurrency market, with some exceptions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/","og_locale":"en_US","og_type":"article","og_title":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts","og_description":"The latest US inflation data had a significant impact on the Bitcoin price and most of the cryptocurrency market, with some exceptions.","og_url":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-14T03:00:23+00:00","article_modified_time":"2024-06-11T07:09:07+00:00","og_image":[{"width":467,"height":260,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts","datePublished":"2024-02-14T03:00:23+00:00","dateModified":"2024-06-11T07:09:07+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/"},"wordCount":634,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260","keywords":["bitcoin","Bitcoin chart","Bitcoin news","bitcoin price","bitcoin signals","bitcoin technical analysis","bitcoin trading","btc","btcusd","btcusd price","BTCUSDT","crypto","cryptocurrency"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/","url":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/","name":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260","datePublished":"2024-02-14T03:00:23+00:00","dateModified":"2024-06-11T07:09:07+00:00","description":"The latest US inflation data had a significant impact on the Bitcoin price and most of the cryptocurrency market, with some exceptions.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260","width":467,"height":260,"caption":"Bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/ktsl888.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts","url":"http:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin chart","bitcoin news","bitcoin price","bitcoin signals","bitcoin technical analysis","bitcoin trading","btc","btcusd","btcusd price","btcusdt","crypto","cryptocurrency"],"dateCreated":"2024-02-14T03:00:23Z","datePublished":"2024-02-14T03:00:23Z","dateModified":"2024-06-11T07:09:07Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Inflationary Concerns Rise As US CPI Exceeds Predictions, Bitcoin Price Reacts\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/inflationary-concerns-rise-as-us-cpi-exceeds-predictions-bitcoin-price-reacts\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/shutterstock_download-41.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/shutterstock_download-41.jpg?fit=467%2C260\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin chart\",\"bitcoin news\",\"bitcoin price\",\"bitcoin signals\",\"bitcoin technical analysis\",\"bitcoin trading\",\"btc\",\"btcusd\",\"btcusd price\",\"btcusdt\",\"crypto\",\"cryptocurrency\"],\"dateCreated\":\"2024-02-14T03:00:23Z\",\"datePublished\":\"2024-02-14T03:00:23Z\",\"dateModified\":\"2024-06-11T07:09:07Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-41.jpg?fit=467%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/574936"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=574936"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/574936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/574938"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=574936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=574936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=574936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}