Bitcoin Breaks $73,000: Should You Buy After the CPI Drop?
Bitcoin jumped to $73,000 after US inflation fell to 3.3%. We break down if it is time to enter or wait for a dip.
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Bitcoin jumped to $73,000 after US inflation fell to 3.3%. We break down if it is time to enter or wait for a dip.
Dollar-cost averaging (DCA) is the investment strategy used by pension funds and millions of successful investors worldwide. Instead of trying to time the market, you invest a fixed amount regularly regardless of whether prices are up or down.
Bitcoin is trading between $73,880 and $74,000 today, up 2.2% in the last 24 hours. Ethereum leads with an impressive +6.9% gain to $2,244 as total crypto market cap reaches $2.6 trillion. The Fear & Greed Index sits at 23 (Extreme Fear) while all eyes focus on the critical $75,000 resistance level and the Fed decision on March 18.
The Federal Reserve's FOMC meets March 17-18, 2026. With persistent inflation and oil near $96/barrel due to the Iran conflict, the Fed is widely expected to hold rates at 3.50%-3.75%. The updated dot plot on Wednesday the 18th will be the real market mover — here is what it means for your money.
While Wall Street fell 800 points due to the oil crisis, Bitcoin held firm at $67,378. Exchange inflows dropped 95%, signaling holders aren't selling.
Wall Street experienced one of the most volatile sessions of the year. The Dow fell over 800 points in the morning but closed +240 after Trump said the Iran war is almost complete.
WTI crude hit $107/barrel with a 50% monthly gain due to the Iran conflict. Gas prices jumped 47 cents in one week and could hit $4 per gallon within a month.
China's National People's Congress approved a 100 billion yuan (~$14B) package focused on technology, semiconductors, and domestic consumption. Includes EV subsidies and SME tax cuts. CSI 300 rose +2.1%.
Several Federal Reserve governors expressed caution over oil-driven inflation. Markets now price in just 1 rate cut in 2026 vs. 3 expected a month ago. Stagflation fears mount with productivity and unit labor costs both at +2.8%.
Brent crude closed at $92.93, its highest level in 18 months, with a 35% weekly gain. The US-Iran conflict and a $20B reinsurance facility for the Strait of Hormuz are driving prices. Goldman Sachs raises forecast to $110/barrel.
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