- September 13, 2022
- Posted by: Bogdan
- Category: bitcoin price, Cryptocurrencies, Market Analysis, Market Update
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 US 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 breakdown 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 analyse 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 examines the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. The experts also go over some markets news to bring you up to date on the latest regarding the top two cryptocurrencies.
Lastly, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify three altcoins that stood out this week: Audius’s token AUDIO, Ocean Protocol’s token OCEAN and DIGG’s token DIGG.
Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a $50 gift voucher to the Cointelegraph merch store.
The Market Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.