On this week’s “Market Report” show, Cointelegraph’s resident experts discuss the importance of Ethereum integration, the latest CPI data, important things to know in Bitcoin (BTC) this week, and analysis of altcoins.
To kick things off, we’ve rounded up the latest news from the markets this week.
Bitcoin price drops $1K in 3 minutes as US CPI inflation rises. Bitcoin’s 4% loss happened quickly as inflation failed to slow as quickly as expected, triggering a wave of selling for the crypto market. We take a closer look at what the data means and the implications for the broader market. Does this signal the end of the recent price pump we saw earlier this week, or will we do it again after things settle down? We take a look at what President Joe Biden has to say about the latest CPI data, as well as what Crypto Twitter is discussing about it. There’s a lot to cover here, so make sure to keep breaking the information down for you.
The Fed, Consolidation and $22K BTC – 5 Things to Know in Bitcoin This Week A bullish weekly sees Bitcoin’s perceived value to overcome while recent analysts speculate on major volatility in the coming days. Could the consolidation that has caused Bitcoin prices to fall with the new CPI data bring some relief to the markets, or will it lead to further declines? We’ll also take a deep dive into the Ethereum merger and explain why it’s an important event in crypto history and why you should follow its developments closely. We’ll also show you some tricks you should know to protect yourself.
Price Analysis: ADA, SOL and MATIC Our experts take a look at a few altcoins that have been making some interesting moves this week. They examine the charts and make indictments on where the price is likely to go. So make sure you stick around because you don’t want to miss out on this important information.
Next up is a new section called “Quick Crypto Tips” which aims to provide quick and easy tips for newcomers to the crypto industry. This week’s tip: Trade, don’t gamble.
Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Is the current market situation bleak or embarrassing? What is the outlook for the next few months? Pecheman is here to tear it down. The experts also look at some market news to bring you the latest information about the two major cryptocurrencies.
Finally, we got insights from Cointelegraph Markets Pro, a crypto trader who wants to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify the three altcoins that stood out this week: Audius’s token AUDIO, Ocean Protocol’s token OCEAN and DIGG’s token DIGG.
Have a question about a coin or topic not covered here? don’t worry. Join the YouTube chat room and post your questions there. The person with the most interesting comment or question will be given a $50 gift voucher to the Cointelegraph trading store.
The market report goes live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to head over to Cointelegraph’s YouTube page and hit that like and subscribe button for all our future videos and updates.