'The Fed is going to continue to be very aggressive in driving markets down, taking liquidity out of the system,' ValkyrieFunds' stevenmcclurg says, adding that a potential bitcoin bottom depends on how long the Fed continues to tighten. Watch more:
Valkyrie Investments co-founder and CIO Steven McClurg discusses the potential factors moving the crypto markets, exploring the impact of the latest inflation data suggesting a hawkish Federal Reserve policy ahead.
Plus, outlook for bitcoin’s bottom.Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Inflation May Have Peaked, but the Fed Won’t Back OffGasoline prices have slipped, while cooling in other prices suggest lower inflation readings in the months ahead.
Weiterlesen »
Fed rate cuts on fight against inflation would do little harm to the greenback – CommerzbankHow long can inflation surprise on the upside? In the event the Federal Reserve cuts rates in order to fight inflation, the US dollar is unlikely to s
Weiterlesen »
Charles Payne torches Fed policies as inflation hits new high: The economy got drunk on 'free money'FOX Business host Charles Payne dissected the latest CPI Report revealing startling consumer price hikes and cast the blame on spending on 'The Faulkner Focus.'
Weiterlesen »
Richmond residents fed up with dead fish at Lakes of Mission Grove community pondA Richmond community is dealing with a different kind of problem in this heat.
Weiterlesen »
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish FedBTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
Weiterlesen »
US: Upward pressure on core goods prices is an unwelcome development for the Fed – Wells FargoThe US Consumer Price Index rose in June by 9.1% compared to the previous year, the highest rate since 1981. The number was above the 8.6% reading of
Weiterlesen »