Crypto currency Markets are waiting for inflation data this week, but at the time of the article, Powell Congress testify. Bitcoin $98,174.7 The price is below 97 thousand dollars and the weakness in the subcoins continues. Trump continues to take steps about additional customs tariffs for investors.
Crypto Coins and Powell
Crypto Powell, which also took the money on the agenda, made supportive comments for regulation works, contrary to its previous statements. While talking about customs tariffs in the ongoing statements, he could not reverse his negativity in the risk markets.
“With stablecoins I support the efforts to create a relevant regulatory framework.
The reduction of the balance sheet continues. The reserves are still abundant. The standard situation for free trade is still logical, but it did not work so well when there was a large country that does not play according to the rules. Commenting on the tariff policy does not fall to the Fed. I am behind my previous comments that countries with free trade have grown faster. The appearance of risks related to budget deficit and inflation expectations are among the factors that determine long -term interest rates. The Fed cannot control long -term interest rates.
It is not for me to tell if we have a soft landing; However, we did not have a hard landing. Even when the interest rates fall, we will continue to suffer from housing shortages.
We’re not recession. High mortgage ratios are about treasury returns rather than the Fed policy. I don’t see a reason to hurry. I want to make more progress in inflation. “
Selection With the new management crypto currency While trying to conclude their case, senators are working on new crypto laws. However, since the markets have priced the worst of customs tariffs, crypto currencies have been painful for days.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
