There's a gap between headline and core CPI inflation.
Headline inflation is down again, now back in the pre-COVID range.
Core inflation remains stuck on a high plateau, well above pre-COVID levels.
This is why the Federal Reserve isn't rushing to make big rate cuts in the… x.com/i/web/status/18447478342...
This situation poses a challenge for Bitcoin. If the Federal Reserve (and other major central banks) don't inject more liquidity into the system, it could slow Bitcoin's growth.
Currently, macro conditions favor Bitcoin. But we lack the monetary catalyst that could trigger the… x.com/i/web/status/18447478382...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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