Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin shows minimal reaction to July CPI, signaling a shift away from inflation-driven trading.

Market News
13 Aug 2026
Crypto news
View Source
Neutral
Bitcoin shows minimal reaction to July CPI, signaling a shift away from inflation-driven trading.

Bitcoin's price barely moved after the July 2026 CPI report, rising only 0.33%, marking the third month of weak responses to inflation data. This shift reflects a breakdown in the previous strong correlation between Bitcoin and monetary policy expectations, driven by factors like Strategy's shift from buyer to seller and ETF flows decoupling from macro data. Instead, Bitcoin's price is now influenced more by structural ETF demand, emerging market interest, and supply constraints from halving events. The upcoming September Fed meeting and Strategy's buying behavior will be key to determining if Bitcoin's macro sensitivity returns or remains dormant.

More News

Argus Research raises NetApp price target to $225 after strong Q1 2027 earnings and AI storage demand

Argus Research raises NetApp price target to $225 after strong Q1 2027 earnings and AI storage demand

Argus Research increased its price target for NetApp to $225, citing a 13.5% potential upside from the current price of $198.18. NetApp reported strong fiscal Q1 2027 results with revenues up 29.9% to over $2 billion and non-GAAP EPS rising 66.5% to ...

Analyst Insights
Bullish
33 minutes ago
New rate hike boosts American Water's revenue by $68M, fueling $1.4B infrastructure upgrades and analyst optimism.

New rate hike boosts American Water's revenue by $68M, fueling $1.4B infrastructure upgrades and analyst optimism.

New Jersey American Water received approval for rate increases that will add $68 million annually to its revenue. This funding supports over $1.4 billion in critical infrastructure upgrades, including replacing aging water mains and improving treatme...

Market News
Bullish
1 hour ago
MoneyHero Q3 2026 misses earnings and revenue amid strategic shift to boost user rewards.

MoneyHero Q3 2026 misses earnings and revenue amid strategic shift to boost user rewards.

MoneyHero Limited reported Q3 2026 earnings with an EPS of -$0.03 and revenue of $15.75 million, missing analyst estimates. The company is shifting strategy to offer more cash rewards to attract users, which has lowered immediate revenue and resulted...

Company Fundamentals
Bearish
2 hours ago
Hooker Furnishings Q2 earnings beat estimates despite revenue decline amid housing market weakness

Hooker Furnishings Q2 earnings beat estimates despite revenue decline amid housing market weakness

Hooker Furnishings reported Q2 fiscal 2027 earnings of $0.11 per share from continuing operations, beating analyst expectations of a $0.02 loss per share, while total diluted EPS including discontinued operations was $0.15. However, quarterly net sal...

Company Fundamentals
Neutral
3 hours ago
XRP users warned of rising identity scams targeting the community

XRP users warned of rising identity scams targeting the community

The XRPL Commons team has issued an urgent security warning to XRP users following a surge in identity impersonation scams. Malicious actors are increasingly targeting unsuspecting users, putting their personal information and assets at risk. XRP hol...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App