Economy News

The latest U.S. inflation data, showing a slight uptick in CPI to 2.7% in November, has ignited optimism among cryptocurrency investors, particularly for Bitcoin and altcoins.

The U.S. Consumer Price Index (CPI) data for November 2024 shows a moderate increase in inflation, reflecting ongoing price pressures in key sectors.

Ray Dalio, the billionaire founder of Bridgewater Associates, recently raised concerns about a looming global debt crisis, highlighting the unsustainable debt levels in major economies such as the U.S. and China.

The U.S. dollar’s strength in the global financial landscape remains unshaken, as it continues to outperform other currencies, including the Indian rupee.

The cryptocurrency market braces for a significant week as key U.S. inflation indicators take center stage.

Bitcoin has caught the attention of cryptocurrency analyst Benjamin Cowen, who is currently bullish on the digital asset.

Jim Cramer, the host of CNBC’s Mad Money, has flagged growing risks for U.S. stocks as the year progresses, focusing on investor expectations surrounding Federal Reserve interest rate cuts.