Bitcoin BOUNCES to $64k on Largest Inflation Decline Since Covid Crash
About this episode
The episode discusses Bitcoin's price movements in relation to inflation reports and market events.
Bitcoin is holding steady as investors await today's U.S. core inflation report and Fed Chair Kevin Warsh's congressional testimony, two events that could determine the market's next move. We also cover why Bitcoin ETFs just saw another $425 million in outflows despite continued whale accumulation, and how Trump's proposed 20% fee on ships passing through the Strait of Hormuz is bringing oil prices and inflation risks back into focus. Learn more about your ad choices. Visit megaphone.fm/adchoices
People in this episode
Host: Scott Melker
Topics covered
- Bitcoin
- inflation
- investing
- market analysis
- oil prices
- ETFs
Mentioned in this episode
Organizations: Bitcoin, U.S. Federal Reserve
Places: Strait of Hormuz
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