Why it is a good time to buy Bitcoin despite the lowering of inflation!

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Die jüngsten Daten zur Inflation in Amerika zeigen eine deutliche Verlangsamung sowohl bei der Teuerungsrate als auch bei der Kerninflation. Eigentlich ist das vor allem für Bitcoin immer ein sehr positives Signal. Jedoch ist der Kursanstieg seit Veröffentlichung der Inflationsdaten weitestgehend ausgeblieben. Woran kann das liegen? Warum es trotzdem nun ein guter Zeitpunkt ist, um Bitcoin zu kaufen! US-Inflation im Rückzug Am Mittwoch gab es für Bitcoin-Investoren eigentlich erfreuliche Nachrichten, denn die US-Regierung hat eine deutliche Verlangsamung der Inflation und Kerninflation verkündet. Der Bericht zeigte, dass die Verbraucherpreise im Juni im Jahresvergleich um 3 Prozent gestiegen sind, verglichen mit einem …
The latest data on inflation in America show a significant slowdown in both the inflation rate and core inflation. Actually, this is always a very positive signal, especially for Bitcoin. However, the price increase has failed to materialize since the inflation data was published. How can that be? Why it is still a good time to buy Bitcoin! US inflation in withdrawal on Wednesday there was actually gratifying news for Bitcoin investors, because the US government has announced a significant slowdown with inflation and core inflation. The report showed that consumer prices in June increased by 3 percent in the year, compared to a ... (Symbolbild/KNAT)

The latest data on inflation in America show a significant slowdown in both the inflation rate and core inflation. Actually, this is always a very positive signal, especially for Bitcoin. However, the price increase has failed to materialize since the inflation data was published. How can that be?

Why it is still a good time to buy Bitcoin!

US inflation in retreat

On Wednesday there were actually gratifying news for Bitcoin investors, because the US government has announced a significant slowdown with inflation and core inflation. The report showed that consumer prices increased by 3 percent in June in June, compared to an increase of 4 percent in May.

is even better that the core inflation rate, which excludes volatile values ​​such as energy or food prices, slowed down to an increase of 4.8 percent after it persisted over 5 percent at the beginning of 2023.

This lies the core inflation rate, which the Fed and the ECB particularly look at, is already below the interest rate in the USA, which is currently 5.25 %.

Bitcoin of inflation data unimpressed

Even if the Bitcoin price climbed to almost $ 31,000 after the inflation data was published, the hoped-for momentum was largely out and Bitcoin went back towards $ 30,000!

possible reasons for the reset

For the latest correction, of course, there are some reasons for:

- Ultimately, the economic situation in the United States is still complicated and therefore it is quite possible that the FED continues to adhere to its restrictive strategy. A large part of the market participants assume that we will no longer see any interest reductions this year.
-The messages all around the sale of the Bitcoin confiscated by the US government also created a negative mood among investors.
- The price of Bitcoin has increased by more than 20 percent since mid -June. Even though the news was a bitcoin spot ETF in the USA, of course, the main trigger for this development, the inflation data from market participants could have already been priced in. Analysts have been reporting for some time about a significant weakening of inflation.

conclusion on the current Bitcoin course

The macroeconomic situation improves from month to month! Inflation has now decreased steadily for over 12 months and is again at a two -year low. This increases the chances that the FED will initiate a change of course shortly and that more money could flow into cryptocurrencies again!

This is exactly why the best time to buy Bitcoin is now! The purchase of Bitcoin with a Bitcoin savings plan is best.