Bitcoin price risks 1-week lows as US GDP sparks ‘stagflation’ woes
As someone who closely follows the cryptocurrency market, I find the recent dip in Bitcoin (BTC) prices below $62,000 disconcerting. The data from the U.S. Q1 GDP coming in significantly lower than expected at 1.6% has unsettled markets and increased concerns about stagflation. This unexpectedly weak economic growth adds to the difficulty of taming inflation … Read more