Today's chart from Matrixport shows strong demand for safe-haven assets in spite of manageable inflation, a trend that could support bitcoin despite its recent consolidation.
The data shows that the price of gold has broken through $2,912 per ounce, up more than 50% from last year when it broke through $2,000; the price of bitcoin has remained at the level of $97,438. The analysis pointed out that while the overall inflation rate has rebounded to 2.9%, the Truflation data shows that the actual inflation level is closer to 2.0%. If inflation continues to decline, the price of gold and bitcoin is expected to continue to strengthen.
Matrixport: If inflation continues to decline, gold and bitcoin prices are expected to continue to strengthen
2025-02-12 07:08:22
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Matrixport：若通胀持续下行，预计黄金和比特币价格将继续走强Next article：
Avalon Labs宣布将会向美国SEC申请首支比特币债权上市基金
