Deep Tide TechFlow News, January 19th, according to an analysis published by Forbes, in recent months, Bitcoin and gold have diverged in their trends. While Bitcoin prices have fallen, gold prices have soared. Previously, Trump threatened that unless Denmark agreed to a deal on Greenland, tariffs would be imposed on eight NATO allies. As the CEO of a US bank issued a warning about risks in the cryptocurrency market, traders are on high alert. It is expected that the inflation data released this week will be higher than expected, which could trigger an “unprecedented stagflation” warning. According to economists at Barclays and Morgan Stanley, the forecast values for the December US Personal Consumption Expenditures Price Index (PCE), to be announced on Thursday, have been raised to 2.8% and 2.9%, respectively. This data may once again raise concerns about so-called “stagflation,” where economic growth is sluggish while prices soar.
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Forbes: Inflation expectations may be revised upward again, attracting traders' attention; Bank of America warns of risks in the crypto market
Deep Tide TechFlow News, January 19th, according to an analysis published by Forbes, in recent months, Bitcoin and gold have diverged in their trends. While Bitcoin prices have fallen, gold prices have soared. Previously, Trump threatened that unless Denmark agreed to a deal on Greenland, tariffs would be imposed on eight NATO allies. As the CEO of a US bank issued a warning about risks in the cryptocurrency market, traders are on high alert. It is expected that the inflation data released this week will be higher than expected, which could trigger an “unprecedented stagflation” warning. According to economists at Barclays and Morgan Stanley, the forecast values for the December US Personal Consumption Expenditures Price Index (PCE), to be announced on Thursday, have been raised to 2.8% and 2.9%, respectively. This data may once again raise concerns about so-called “stagflation,” where economic growth is sluggish while prices soar.