Bitcoin's Wild Ride: From Oversold Territory to Trump's Tariff Turbulence
Key Points
- Bitcoin surges above $82,000 as inflation hints at potential...
Bitcoin investors are wiping their sweaty palms on their designer hoodies as the leading cryptocurrency bounces back above $82,000, proving once again that crypto markets are about as predictable as a squirrel after three espressos.
Inflation Numbers: The PCE Diet Plan
January's Personal Consumption Expenditures (PCE) index showed inflation cooling to 0.3%, sending risk assets into a celebratory mood. Global Macro Investor's Julien Bittel suggests we might be witnessing the aftermath of previous financial tightening, with Bitcoin's RSI hitting a rather desperate 23 - a level so oversold it...
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