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Factors such as easing inflation concerns, milder-than-expected tariffs and dovish comments from the Federal Reserve are driving market optimism
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4 hours ago 3,385
Golden Finance reported that 10x Research posted on social platforms that gold and Bitcoin are entering the market at a critical moment. As gold rebounds to near all-time highs and Bitcoin continues to show bullish momentum, macroeconomic factors such as easing inflation concerns, milder-than-expected tariffs and dovish comments from the Federal Reserve are driving optimism in the market. In late October, just a week before Trump was elected, gold prices halted their upward momentum and entered a consolidation phase. That's attributed to potential inflationary pressures from Trump's proposed immigration and tariff policies, as well as his pledge to refill the Strategic Petroleum Reserve, all of which economists expect to push up inflation expectations. The announced tariff policy is milder than expected, coupled with the dovish tone adopted by Federal Reserve Governor Waller last week, these are solid macroeconomic reasons for gold to climb back to historical highs and for Bitcoin to continue to rise. These factors, coupled with last week's CPI data, are key considerations that make us more optimistic about the current market outlook.
Keywords: Bitcoin
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