Crypto market & inflation update ✍️

in powerclub •  4 days ago 

Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. Weekend is going very well but market is looking little bit shaky. Bitcoin is trading above 100k which positive of course but altcoins still lagging and how could i forgot ether which is still lot behind. Btw today i am going to discuss about current macroeconomic situation for investors. If you're invested or planning to invest, we'll explore when the market might peak and the impact of inflation.

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Recently, inflation has been rising in the US, while unemployment is also increasing, which could lead to stagflation. This happens when inflation rises but unemployment also grows, signaling an economic slowdown. The upcoming FOMC meeting could shed light on whether the government focuses on controlling inflation or reducing unemployment. If they prioritize inflation, it may trigger a recession, but if they focus on unemployment, we may see more money printing, which could boost liquidity but also raise inflation. In short, the US is facing a inflation scenario, and upcoming decisions will determine the market's direction. That's it for today. Keep an eye on important dates. Thanks & have a good day!!!

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