Market Update

Bitcoin: Blackrock CEO has this statement amid the sale of Bitcoin and Crypto Market at $ 1 trillion

the Bitcoin The market faces VolatilityJust like traditional stock markets, where investors worry about economic chaos. The value of digital assets decreased to less than 80,000 dollars. The most widespread Coded The market has spent $ 1 trillion of market value in just one month. Economic inflation Fears, the possibility a recessionAnd Federal Reserve Policy pays market fluctuations.

In this context, the CEO of Blackrock Larry Fink seemed to be a warning against high levels of inflation due to US President Donald Trump’s policies. This can affect both Bitcoin and traditional financial markets.

Blackrock CEO of high inflation risk

CEO Larry Fink warned of Blackrock that Trump’s commercial decisions will increase inflation, which comes to reducing the federal reserves to reduce the federal reserve. Useful interest rates. During his speech to Cereweek, Findi stated that national policies by the United States will increase inflation. Blackrock CEO has expressed doubts about the Federal Reserve’s ability to reduce rates due to inflation risk.

Federal Reserve Chairman Jerome Powell said that the Federal Reserve is nothing in anything

Future to low interest rates due to the strong labor market and constant inflation. The Federal Reserve is likely to maintain interest rates during the March session, according to the CME Fedwatch tool, although merchants are still not accountable for the May decision.

Also read: On the national level to pay 600 million pounds for account holders as “great thanks” after getting the money Virgin

The increasing economic concerns add pressure on the market

In addition, economists in Goldman Sachs raised the possibility of an American stagnation within one year to 20 percent of 15 percent and pointed to Trump’s economic policies as a major risk factor, Forbes said. Yardeni Research also reviewed the recession, increased from 20 percent to 35 percent due to concerns about the effect of the Trump administration’s executive orders, definitions and policy changes.

These concerns come as inflation data is expected to appear in the United States, which will be released on Wednesday, a rise in consumer prices in February. According to Bloomberg, the Consumer Prices Index (CPI) may reveal the federal reserve battle to control inflation and may lead to recession – a mixture of economic decline and inflation.

The encryption market enters the red area

The aggravating macroeconomic environment affects the encryption market, and people are preparing for more fluctuations. Sean Dawson, head of research at DERIVE.XYZ, told Forbes that the contraction was driven primarily with economic certainty. Dawson said: “With the continued high declining feelings, traders begin to search for ways to hedge their losses, especially with the rise in market fluctuations in both traditional markets and encryption,” Dawson said.

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Whether the global economy will continue to deteriorate in the coming weeks and months it will be important in determining the future Digital assets. Everyone is on the brink of the abyss, with close attention to economic indicators that may affect the future of bitcoin and the rest of the cryptocurrency market.

Common questions:

  1. Why the bitcoin price decreases?
    Bitcoin price has decreased due to economic concerns, including inflation concerns, potential stagnation risks, and uncertainty about the interest rate policies in the field of federal reserves.
  2. Will Bitcoin recover soon?
    Recovery depends on economic stability, federal reserve decisions, and market morale. If inflation reduces and reduced interest rates, bitcoin may regain strength.

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