The month of July kicked off on a somber note, shadowed by the repercussions of MTGOX reimbursements and the liquidation of BTC by authorities. Contrary to the downward trends observed in June, July witnessed a remarkable upswing. At present, Federal Reserve official Goolsbee has expressed optimism, stating, “I am confident that we are nearing the end phase of inflation.” This sentiment indicates that the Federal Reserve anticipates a reduction in inflation rates, notwithstanding the robust state of employment. Similarly, Powell’s recent statements align with this outlook. For cutting-edge financial insights and business updates, keep tabs on COINTURK FINANCE.
