Today’s #CPI report will set the tone for markets. Here’s how different outcomes could play out:
Higher-than-Expected CPI (Stagflation Narrative)
Risk-off: Stocks (especially tech/growth) could drop, investors seek safety in bonds/commodities.
Weaker-than-Expected CPI (Recession Fears)
Risk-off: Cyclical stocks may suffer, safe havens like gold may rise.
#Bitcoin & Crypto Correlation with #SPX
BTC remains highly correlated with the S&P 500, which is in a correction phase. Any decline in stocks could drag crypto lower, as it’s still seen as a risky asset.
Safe-Haven Play: Gold & #PAXG
With uncertainty rising, investors are looking for safe-haven assets like T-bills or gold. #Gold (AUX) has been in a sustained uptrend since late 2023.
For crypto investors, PAX Gold (PAXG) offers an on-chain alternative. Each PAXG token is backed by 1 fine troy ounce of gold stored in London vaults, giving investors direct exposure to gold’s price movements.
BTC/Gold Ratio Signals Gold Preference
At this critical market point, gold is showing strength relative to $BTC
Stay vigilant.
Novices panic and react, while real Gs observe then act.
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