The CPI inflation data could send the Bitcoin price over $30,000 and Altcoins would have the biggest rally since 2021!! Watch today what a strong inflation number means for the markets and how you need to be positioned right now to ensure that all profits are BANKED! In today's episode of Crypto Banter, Ran is joined by pro trader Gareth Soloway! Don't miss it!! 💎 For more Daily Charts & Trading Content follow Gareth Soloway below: YouTube Channel 👉 Twitter 👉 Verified Investing Education 👉 🎯 ! 👉 🔥 - Get a huge Signup Bonus on the ByBit link below of up to $30,030 on your new Trading Account! 👉 🔥 Sign up for an OKX trading account, then deposit & trade to unlock mystery box rewards of up to $10,000 of the hottest crypto! 👉 🔥 - Get an insane SIGNUP BONUS of up to $8,000 when you sign up with the link below! 👉 🔥 Sign Up Today & Trade Your Favorite Altcoins On The Link Below! 👉🏼 - NO KYC REQUIRED 🔥 World's biggest BTC & ETH Options Exchange! Sign up for an account on the Deribit options link below: 👉 🔥 Decentralized Leveraged Trading! Connect your wallet & trade on the gTrade link below. 👉 🔥 US waitlist now live - on link below 👉 Earn Money, Trade crypto, Spend cash! Access to crypto trading & banking with revolutionary tap trading app & tap prepaid Mastercard! Sign up to TAP Global on link below & receive some free BTC in the App. 👉 🔥 Nord VPN 11th birthday campaign celebration! Get Exclusive NordVPN deal. It's risk-free with Nord's 30-day money-back guarantee. 👉 Every purchase of 2 year plan receives additional bonus + 4 months subscription time! 🔥 l Fast and secure non-custodial DeFi wallet with a built-in DEX aggregator. 👉 🔥 - Get the New Ledger STAX - Just Released! 👉 - Get yours on this link now & secure your crypto assets! 🔥 Banter is heading to Miami Beach for the Bitcoin 2023 Conference! Get your tix now on link below & meet up with us in Miami 18 - 20 May! 👉 - - - - - - - - - - - - - - - - - - - - - - - - - - - - 🟢 ’ ! 👉🏼 📈Exclusive trades, content, and giveaways 🗞️ ! 📬 - 📬 - 📣 : Cryptoman Ran Twitter - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 🌎 ! - All official social accounts can be found here: 👉 👁️🗨️ : - ⚠️ - - - - - - : 🎵 DJ Asher Swissa - Track: - Channel: 🎵 Marc Rebillet - Track: - Channel: - - - - - : Crypto Banter is a social podcast for entertainment purposes only! All opinions expressed by the hosts, guests and callers should not be construed as financial advice! Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research. #Bitcoin #Crypto #Altcoins : 00:00 CPI Inflation Data & Bitcoin Price 05:00 Gareth Soloway - Bitcoin Analysis 08:34 FED Causing the Banking Collapse 10:05 DXY, S&P 500, Gold & Silver Prices 19:10 New CPI Inflation Numbers Explained 26:10 Bitcoin Price & Bitcoin Dominance 27:45 Operation Choke Point Explained 32:35 Banking Collapse & Bitcoin Price 34:00 Buy Bitcoin Now? Bitcoin Halving 35:32 Bitcoin NFTs & Related Protocols RUNE 38:56 CZ Binance Deploying $1 Billion 41:14 Joe Biden - US Banking System is Safe 43:15 Silicon Valley Bank & Other Crypto News : WATCH MORE CRYPTO SHOWS WATCH CRYPTO BANTER SPECIALS HERE ...(read more)
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Inflation has been a significant concern for economists and governments worldwide. With the unprecedented amounts of money being pumped into economies to deal with the pandemic-induced economic slowdown, many fear that inflation will rise and wreak havoc on already weakened economies. Recently, there has been a surprising surge in inflation data, indicating that inflation could be picking up faster than anticipated. The United States Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose by 0.6% in May, a much faster rate than expected. On a yearly basis, the CPI increased by 5%, which is the largest yearly gain since August 2008. This inflation data should increase the value of Bitcoin significantly. Bitcoin has been seen as a hedge against inflation, akin to gold, as it can't be printed at will like fiat currency. As inflation rises, people tend to seek safe-haven assets that can retain their value. Bitcoin's scarcity, decentralized nature, and lack of reliance on centralized institutions make it an attractive option for investors looking to hedge against inflation. This isn't the first time that inflation data has resulted in a boost in Bitcoin's value. In 2020, when the Federal Reserve announced an unlimited quantitative easing approach to deal with the economic slowdown, Bitcoin surged from around $7,000 to over $10,000 in a matter of weeks. This led many to dub Bitcoin as 'digital gold' and a new store of value. The significant surge in inflation data this time around could send Bitcoin to new all-time highs, with many analysts predicting that it could reach $30,000 imminently. It's crucial to keep a close eye on inflation data and its impact on Bitcoin's value. In conclusion, with inflation rates on the rise, Bitcoin's value as a hedge against inflation is becoming more apparent. The recent surge in inflation data could send Bitcoin to new all-time highs, making it a crucial asset to consider for investors looking to hedge against inflation. If the trend continues, we could see Bitcoin emerge as one of the main contenders to gold's status as a safe-haven asset. https://inflationprotection.org/surprise-inflation-data-should-send-btc-to-30k-imminently/?feed_id=79668&_unique_id=6417abbc5d8b7 #Inflation #Retirement #GoldIRA #Wealth #Investing #altcoinnews #BankingCollapse #Banter #BanterCrypto #BitcoinHalving #bitcoinnews #BITCOINNEWSTODAY #BitcoinNFTs #bitcoinprice #BitcoinPriceTarget #bitcoinrally #bitcointoday #BullMarket #cpidata #CPIInflationData #crypto #CryptoBanter #CryptoBanterLive #CryptoBanterToday #CryptoBanterYouTube #cryptomarket #cryptomarketupdate #cryptonews #cryptonewstoday #CryptoRally #CryptomanRan #garethsoloway #inflation #interestratehikes #RanNeuner #InvestDuringInflation #altcoinnews #BankingCollapse #Banter #BanterCrypto #BitcoinHalving #bitcoinnews #BITCOINNEWSTODAY #BitcoinNFTs #bitcoinprice #BitcoinPriceTarget #bitcoinrally #bitcointoday #BullMarket #cpidata #CPIInflationData #crypto #CryptoBanter #CryptoBanterLive #CryptoBanterToday #CryptoBanterYouTube #cryptomarket #cryptomarketupdate #cryptonews #cryptonewstoday #CryptoRally #CryptomanRan #garethsoloway #inflation #interestratehikes #RanNeuner
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