US federal budget balance hits $215B surplus in April, falling short of forecasts

Rising inflation complicates Fed's rate policy, potentially stalling economic growth and impacting risk assets like tech stocks and cryptocurrencies. The post US consumer inflation rises 3.8% in April, highest in three years appeared first on Crypto Briefing.

The post US CPI rises 0.6% in April, bond yields climb amid inflation concerns appeared on BitcoinEthereumNews.com. Inflation just reminded everyone it’s not done yet. The Bureau of Labor Statistics reported that the Consumer Price Index rose 0.6% in April, coming in hotter than economists expected and pushing year-over-year inflation to 3.8%, the highest reading since May 2023. The numbers behind the spike That annual rate climbed from 3.3% in March to 3.8% in April. April’s 0.6% monthly increase represents a deceleration from March’s 0.9% jump. Energy was the primary culprit. Energy prices surged 3.8% in April alone, accounting for more than 40% of the entire monthly CPI increase. Shelter costs, the single largest component of the CPI basket, continued their stubborn march higher. Food prices also posted moderate increases. Core CPI, which strips out volatile food and energy prices, rose 0.4% month over month. On a year-over-year basis, core inflation stands at 2.8%. Why crypto inves

Rising deficits and interest costs may lead to inflation or currency debasement, impacting investment strategies and economic stability. The post US budget surplus falls 17% in April amid lower tax receipts appeared first on Crypto Briefing.

Rising inflation and bond yields may shift investor preference towards safer assets, impacting speculative markets like cryptocurrencies. The post US CPI rises 0.6% in April, bond yields climb amid inflation concerns appeared first on Crypto Briefing.

The post Turkey Budget Balance fell from previous -229.9B to -338.7B in April appeared on BitcoinEthereumNews.com. Gold is extending this week’s pullback toward $4,550, declining for the fourth straight day on Friday amid a sustained US Dollar buying interest. In fact, the USD Index (DXY) hit its highest level since April 8 amid increased hawkish Fed bets-led higher US Treasury yields. Stalled US-Iran peace talks, amid major disagreements over Tehran’s nuclear program and the Strait of Hormuz, keep geopolitical risks in play. Source: https://www.fxstreet.com/news/turkey-budget-balance-fell-from-previous-2299b-to-3387b-in-april-202605150801

The post US stock market loses over $250B at open as liquidity squeeze rattles risk assets appeared on BitcoinEthereumNews.com. The US stock market shed more than $250 billion in value at the open, adding to a brutal stretch for risk assets that has spilled across equities, crypto, and derivatives markets in rapid succession. What happened across markets The equity sell-off at the open mirrored a severe downturn already underway in digital assets. Total crypto market capitalization dropped from roughly $3 trillion to approximately $2.66 trillion, a decline of around $250 billion in its own right. Bitcoin fell from around $84,000 to approximately $76,000. Ether fared worse, dropping to about $2,243, which puts it more than 50% below its all-time high. Open interest in digital-asset derivatives fell to $24.2 billion, the lowest level in nine months. That’s a textbook deleveraging event: traders closing positions, reducing exposure, and pulling capital off the table all at once. The dolla

The liquidity squeeze highlights the vulnerability of risk assets to macroeconomic shifts, emphasizing the need for adaptive investment strategies. The post US stock market loses over $250B at open as liquidity squeeze rattles risk assets appeared first on Crypto Briefing.

It seems like a major momentum that was intended to propel bitcoin’s spectacular surge above $80,000 is starting to fade. After collecting $3.29 billion from investors in March and April, eleven U.S.-listed spot bitcoin ETFs have begun to bleed capital. The most significant single-day net outflow since January 29 occurred