Matrixport： If inflation continues to decline, it is expected that gold and Bitcoin prices will continue to strengthen

BlockBeats News: On February 12th, Matrixport released a daily chart analysis stating that despite inflation being within manageable limits, the market's demand for safe haven assets remains strong. Although Bitcoin has been in a consolidation phase recently, this trend may still provide support for it. Data shows that the price of gold has surpassed $2912 per ounce, an increase of over 50% compared to last year when it broke through $2000; The price of Bitcoin remains at the level of $97438. Analysis indicates that although the overall inflation rate has rebounded to 2.9%, Truflation data shows that the actual inflation level is closer to 2.0%. If inflation continues to decline, it is expected that gold and Bitcoin prices will continue to strengthen.