The Federal Reserve's warning of stagflation may be a bullish signal for Bitcoin
In its latest meeting, the U.S. Federal Reserve kept interest rates unchanged but indicated increasing concerns about 'stagflation' — a combination of high inflation and slow economic growth. This scenario may drive investors towards alternative assets like Bitcoin.
According to analyst Zach Pandl from Grayscale, Bitcoin could benefit from this situation, as it is viewed as an inflation-resistant asset. Currently, Bitcoin is trading above $96,000, with a 1.6% increase over the past 24 hours.
In light of increasing economic risks, it may be the right time to reassess investment strategies and seek safe havens
