On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss the significance of the Ethereum Merge, the latest CPI data, important things to know in Bitcoin (BTC) this week and altcoins analysis.
To kick things off, we broke down the latest news in the markets this week.
Bitcoin price sheds $1K in 3 minutes as U.S. CPI inflation overshoots. Bitcoin’s 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market. We do a deep dive into what the data means and the implications on the wider market. Does this mark the end of the recent price pump we saw earlier this week or will we rebound once things settle down? We take a look at what President Joe Biden had to say about the latest CPI data and also what Crypto Twitter is discussing about the matter. Lots to unpack here so make sure you stay tuned as we break down the information for you.
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week. A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days. With the new CPI data causing the price of Bitcoin to fall, can the Merge bring some relief to the markets or will it cause further downside? We also do a deep dive into the Ethereum Merge and explain why it is such a significant event in crypto’s history and why you should be keeping a close eye on the developments. We also highlight certain scams you need to be aware of to keep yourself safe.
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 analyze the charts and make a case for where the price could possibly go. So make sure you stick around because you don’t want to miss this vital information.
Next up is a new segment called “Quick Crypto Tips,” which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This week’s tip: Trade, do not gamble.
Market expert Marcel Pechman then carefully…