Analysts are also concerned about rising inflation, which could stall the economic recovery from the coronavirus pandemic-induced recession of last year. For example, the rise in energy prices, considered volatile, has some analysts concerned about price instability. Slowing growth could present a headwind for equities and cryptocurrencies as investors position themselves for greater volatility and a reduction in monetary stimulus.
Related posts
-
Bitcoin (BTC) Fails to Hold $63K, May Remain Range-Bound
Bitcoin (BTC) rose during the European morning on Monday, peaking at around $63,200, before retreating below... -
Bitcoin (BTC) Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
“With the decrease in hashrate, market share of our 3 covered miners has gone up after... -
Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000
Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000....