Is the dollar setting the tone in global markets?
The United States is slightly benefiting from a strong dollar at the expense of overseas economies while energy and gas prices appear to cool off for the first time in 2022. Meanwhile, inflation persists and regulators across the EU push to regulate cryptocurrencies and fight money laundering.
Global Equities See a Historic Downtrend to End The First Half of the Year
Equity index performance worldwide reflects that investors are preparing for a recession due to record-high inflation and surging energy costs. Meanwhile, Bitcoin is being accumulated by El Salvador, and Grayscale filed a lawsuit against the SEC.
Inflation is at All-Time Highs While Cryptocurrencies and Stocks Slide
Inflation soars to all-time highs, leaving investors with no signs that aggressive monetary policy will soon slow down. Meanwhile, cryptocurrency lender Celsius halts withdrawals, while Bitcoin's Lightning Network steadily continues to grow.
Globally, Inflation Is Beginning To Reach Distant Markets
Markets worldwide are starting to feel the effects of long-term inflationary constraints and supply chain restrictions as uncertainty in financial markets becomes normalized. However, uncertainty is not stopping industries like Bitcoin mining from continuing to expand.
Bitcoin Takes a Hit as Global Markets Create Uncertainty About the Future
As central banks worldwide continue to raise rates, financial markets negatively react to fears of inflation and stalling economies. The bitcoin price has also responded to policymakers and global markets, as investors remain concerned by long-term monetary policy.
The Global Economic Downturn is Creating Power Shifts
Recent economic downturns in Europe lead economists to suggest inflationary conditions are evolving to stagflation. Weakened global growth amid international conflict raises additional concerns about global economies' short and long-term health.