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Tag: Inflation

blog gold rises to 27 5 21
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Gold rises to 5-month high amid inflation fears

Gold rose to $1,912.74 per ounce yesterday, breaking through the psychological barriers of $1,900. The gold price rally, the highest in five months, is most likely the result of a weak dollar, inflation, and a drop in U.S. Treasury yields. U.S. stock indices, the S&P 500 and the Nasdaq declined
blog new crypto appears 26 5 21

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New Crypto Appears amid Concerns over Fed Stimulus Cut

Yesterday, despite rumors about Federal Reserve (Fed) officials discussing a plan to cut fiscal stimulus in the face of inflation, most markets closed positive in both the US and Europe. Cryptocurrencies are slowly recovering from last week’s plunge, with Bitcoin reaching $40,000 just as a new cryptocurrency enters the market:
blog bitcoin falls under 17 05 22
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Bitcoin falls under $45,000; Global Interest Rates & Inflation

Bitcoin dipped below the $45,000 mark as Tesla CEO Elon Musk hinted on Twitter that they could be selling Bitcoin. US markets closed in the green on Friday after a choppy week of inflation data, stagnant retail sales, and a slight drop in 10-year Treasuries. Today, Monday, Federal Reserve Vice