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🔥 Serious Fed Warning Sparks Bitcoin Price Crash Fear! 😱
Bitcoin and cryptocurrency prices are reeling from a huge hack of the Dubai-based Bybit exchange amid fears of bitcoin price “suppression.”
The bitcoin price was sent briefly spiraling on Friday after the hack was revealed, though it’s recovered as bitcoin-backing U.S. senator Cynthia Lummis primes the market for a major legislation update.
👀 Now, as Elon Musk appears to be plotting a massive overhaul of the Federal Reserve, economists are warning a “nightmare” scenario for the Fed could be about to hit the price of bitcoin.
🔥 Last week, a Bank of America survey of global fund managers found those expecting stagflation—defined by the bank as below-trend growth and above-trend inflation—to hit the U.S. economy within the next year has climbed to a seven-month high.
“Stagflation has definitely re-emerged as a possibility because we have these policies that could hurt consumer demand even while persistent inflation limits the Federal Reserve’s ability to maneuver,” Jack McIntyre, portfolio manager for Brandywine Global’s fixed income strategies, told Reuters. “What continues to concern us more than the risk of inflation is stagflation,” Tim Urbanowicz, chief investment strategist at Innovator Capital Management, added.
#BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs #MarketPullback $BTC $ETH $BNB
Bitcoin and cryptocurrency prices are reeling from a huge hack of the Dubai-based Bybit exchange amid fears of bitcoin price “suppression.”
The bitcoin price was sent briefly spiraling on Friday after the hack was revealed, though it’s recovered as bitcoin-backing U.S. senator Cynthia Lummis primes the market for a major legislation update.
👀 Now, as Elon Musk appears to be plotting a massive overhaul of the Federal Reserve, economists are warning a “nightmare” scenario for the Fed could be about to hit the price of bitcoin.
🔥 Last week, a Bank of America survey of global fund managers found those expecting stagflation—defined by the bank as below-trend growth and above-trend inflation—to hit the U.S. economy within the next year has climbed to a seven-month high.
“Stagflation has definitely re-emerged as a possibility because we have these policies that could hurt consumer demand even while persistent inflation limits the Federal Reserve’s ability to maneuver,” Jack McIntyre, portfolio manager for Brandywine Global’s fixed income strategies, told Reuters. “What continues to concern us more than the risk of inflation is stagflation,” Tim Urbanowicz, chief investment strategist at Innovator Capital Management, added.
#BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs #MarketPullback $BTC $ETH $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
