The post Gold slips as hot US PPI lifts US yields and US Dollar appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) price edges lower during Wednesday’s session following another high inflation print in the US: input prices for producers, which hit their highest level in four years. At the time of writing, the XAU/USD pair trades at $4,699, down some 0.30%. XAU/USD weakens as sticky inflation dampens Fed cut hopes The market is in a risk-off mood for two consecutive days amid spiking US inflation due to the US-Iran war. In the meantime, US President Donald Trump arrived in Beijing for the US-China summit. The chances for a peace deal are shrinking, while Trump stated that Iran would be decimated if they don’t sign a deal. Tehran’s demands include lifting sanctions, unfreezing funds, reparations for war damage, and sovereignty over the Strait of Hormuz. On Tuesday, Trump added that he doesn’t need China’s help to end the conflict. Recently, the US Producer Price Index (PPI) rose sharply
A potential BOJ rate hike could disrupt global liquidity, impacting risk assets like crypto, especially if the Fed's stance remains unchanged.
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The post Kevin Warsh confirmed as Fed chair amid pressure over rates and Fed independence appeared on BitcoinEthereumNews.com.
The U.S. Senate confirmed Kevin Warsh as the next Federal Reserve chair in a narrow 54–45 vote on 13 May, placing the former Fed governor at the center of mounting political and market pressure over interest rates, inflation, and central bank independence. The confirmation marked one of the closest margins for a Fed chair in decades and followed a separate 51–45 vote confirming Warsh to the Federal Reserve Board one day earlier. Warsh will now take over leadership of the U.S. central bank as markets closely watch whether the Fed maintains its current inflation-focused stance or shifts toward faster rate cuts under pressure from President Donald Trump and Republican allies. The confirmation also arrives during heightened uncertainty around energy prices, inflation persistence, and slowing economic growth. Markets focus on Fed independence concerns Much of the de
The post Bitcoin Price Drops Below $80,000 as US PPI Rises 1.4% in April appeared on BitcoinEthereumNews.com.
The US Producer Price Index for April 2026 increased by 1.4%, according to reports. It is the highest increase in the US PPI since rising 1.7% in March 2022. Bitcoin’s price declined below $80,000 following the US PPI announcement. The US Bureau of Labour Statistics released the Producer Price Index (PPI) for April this Wednesday, reflecting a 1.4% increase. It further reported that the April increase is the largest since rising 1.7% in March 2022. Meanwhile, Bitcoin’s price responded by pulling back 1.33% and giving up early gains for the day. Wednesday’s Bitcoin price pullback means the cryptocurrency entered into a bearish weekly mode, after a seven-week uninterrupted rally. However, with more macroeconomic data expected, the cryptocurrency’s performance for the current week remains under observation, as traders await clear signals for BTC’s next phase. What Rising PPI Means
Dalio's critique highlights Bitcoin's volatility and transparency issues, potentially limiting its adoption as a reserve asset by central banks.
The post Ray Dalio critiques Bitcoin’s safe-haven status, favors gold appeared first on Crypto Briefing.
Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Tokenized Treasuries reached $15.35 billion in total value locked on May 13, surpassing the previous mid-April peak of $15.10 billion, according…
Persistent inflation and geopolitical tensions may lead to prolonged high interest rates, impacting economic growth and financial market stability.
The post Fed’s Collins warns inflation to persist, no rate cuts expected through 2026 appeared first on Crypto Briefing.
The post Bitcoin price just lost $80k because US PPI hit 6% matching 2022 levels, stoking inflation fears appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on Bitcoin just fell below $80,000 as a hotter-than-expected US inflation print pushed crypto and equities lower. Bitcoin price feels hot inflation impact BTC price slipped from the low $81,000 area into $79,706, with the session low marked near $79,557. The break turned $80,000 from a round-number reference into the first tactical line for intraday structure. Bitcoin price decline alongside rising US Treasury yields, oil prices, and US dollar index The move followed the April US Producer Price Index. Final demand PPI rose 1.4% month over month, far above the 0.5% consensus and the prior 0.7% reading. The annual rate accelerated to 6.0% from 4.3%, above the 4.9% consensus. Core PPI rose 1.0% month over month against expectations for 0.3%, while core PPI year over year moved to 5.2% from 4.0%. Trading Economics data als