Markets' Rally After Inflation Data / Bitcoin (/BTC) Rally

The bond market is telling us there might be a slowdown associated with the inflation, says Bob Iaccino of Path Trading Partners. Bob is not bearish, he is waiting for better prices to get long again. He doesn't see stagflation as a concern. There are talks about a bitcoin (/BTC) futures etf getting approved. Bob thinks the potential for more bitcoin products is bringing in new buyers and helped drive the price of bitcoin up to $57K.

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15 Oct 2021

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