Bitcoin's Rally and its Relationship With Inflation | Markets Daily

cryptocurrency 1 month ago

On "Markets Daily," Marc Chandler, Chief Market Strategist at Bannockburn Global Forex, joins with insight on the recent consumer price index (CPI) report and its implications for the market, particularly for bitcoin and other cryptocurrencies. The CPI report showed higher-than-expected inflation rates, leading to a rise in U.S. interest rates and a decline in risk assets, including crypto. They also touch on the U.S. jobs report and its impact on interest rates. 00:00 Introduction and Market Update 04:34 The U.S. Jobs Report and its Impact on Interest Rates 09:35 The Impact of ETFs and the Halving on Crypto Prices #cryptocurrency #digitalfinance #finance #bitcoin #crypto #markets #cryptomarkets #bitcoinetf #CPI #infation Subscribe to CoinDesk on YouTube: Site: Twitter: LinkedIn: Instagram: Facebook: Newsletters: CoinDesk Podcast Network: Markets Daily Crypto Roundup: CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
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