A wave of risk aversion is heavily felt in global markets, where stocks, gold, and Bitcoin (BTC ($87,959.21)) 
$88,262 face significant pressure. An unexpected drop in the U.S. consumer confidence index, coupled with persistently high short-term inflation expectations, has heightened market concerns. Additionally, the U.S. government’s new customs tariffs are further diminishing risk appetite. In this environment, BTC and other cryptocurrencies are encountering selling pressure.
Concerns Over Stagflation in the Markets
Global markets are experiencing volatility due to economic data falling short of expectations. In the U.S., the Consumer Confidence Index was reported at 98, below the expected level of 103. This disappointing data reflects consumer concerns regarding the economic outlook, shaking investor confidence.
Simultaneously, inflation expectations remain elevated. The U.S. administration has imposed a 25% customs tariff on goods imported from Cana…
