Bull Theory (@bulltheoryio) 's Twitter Profile
Bull Theory

@bulltheoryio

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calendar_today02-01-2017 15:28:24

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Bitcoin just fell below $118,000 from its new all-time high of $124,000 after the surprising PPI data. Expectation was 2.5%, but it came in at 3.3%, which shows that tariffs will increase inflation. Higher inflation means the Fed will hesitate to cut rates, and the market didn’t

Bitcoin just fell below $118,000 from its new all-time high of $124,000 after the surprising PPI data.

Expectation was 2.5%, but it came in at 3.3%, which shows that tariffs will increase inflation. Higher inflation means the Fed will hesitate to cut rates, and the market didn’t