Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady
Submitted by Anonymous (not verified) on Wed, 03/13/2024 - 22:00

Momentum behind bitcoin's rally has waned so expect a period of consolidation, Matrixport analysts noted.
If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?

The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
The founder and CEO of Vailshare Capital, Dr.
Cryptocurrency enthusiast and radio host Mark Moss touts Bitcoin as the ultimate indicator of gauging overall market health.



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