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Taimoor Razi
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$BTC Altcoins are the rest of the cryptocurrencies created after Bitcoin, whose share in the cryptocurrency market reached approximately 40% in 2022. The launch of Bitcoin and its open-source code in 2008 paved the way for the creation of thousands of other cryptocurrencies that became alternatives to Bitcoin (altcoins). The developers of the first altcoins typically used the BTC source code as a basis, made minimal changes ā and voila! They created a new crypto. Such digital cash began to be called forks (from the English word fork, meaning "fork", "branch"). One of the first altcoins was Litecoin ā a peer-to-peer currency and global payment network ā which, according to its creator Charlie Lee, was conceived as an analogue of Bitcoin$BT
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$BTC The US Bureau of Labor Statistics (BLS) is set to release its February Consumer Price Index (CPI) report on Wednesday at 12:30 GMT, offering a critical insight into inflation trends. Market analysts anticipate a slight drop in inflation, which could influence Federal Reserve policy, the US dollar, and risk assets like cryptocurrencies. The headline CPI inflation rate is expected to come in at 2.9% year-over-year (YoY), down from 3.0% in January, marking the first dual decline in core and headline inflation since July 2024. The core CPI inflation rate, which excludes food and energy, is projected to fall to 3.2% from 3.3%.
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#CryptoRoundTableRemarks The US Bureau of Labor Statistics (BLS) is set to release its February Consumer Price Index (CPI) report on Wednesday at 12:30 GMT, offering a critical insight into inflation trends. Market analysts anticipate a slight drop in inflation, which could influence Federal Reserve policy, the US dollar, and risk assets like cryptocurrencies. The headline CPI inflation rate is expected to come in at 2.9% year-over-year (YoY), down from 3.0% in January, marking the first dual decline in core and headline inflation since July 2024. The core CPI inflation rate, which excludes food and energy, is projected to fall to 3.2% from 3.3%.
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#CryptoCPIWatch The US Bureau of Labor Statistics (BLS) is set to release its February Consumer Price Index (CPI) report on Wednesday at 12:30 GMT, offering a critical insight into inflation trends. Market analysts anticipate a slight drop in inflation, which could influence Federal Reserve policy, the US dollar, and risk assets like cryptocurrencies. The headline CPI inflation rate is expected to come in at 2.9% year-over-year (YoY), down from 3.0% in January, marking the first dual decline in core and headline inflation since July 2024. The core CPI inflation rate, which excludes food and energy, is projected to fall to 3.2% from 3.3%.
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$BTC The U.S. and China have made progress in negotiations! Both sides have agreed to reduce mutual tariffs: China has lowered duties on American goods to 10%, while the U.S. has reduced tariffs on Chinese products to 30%. This temporary truce is set for 90 days. For comparison, previous tariffs were 125% and 145% respectively, so this easing could easily stimulate market growth.
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