Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk

source: CoinDesk

2022. Mar. 02. 21:27

Market Wrap: Cryptocurrencies Pull Back Amid Inflation and Geopolitical Risk Bitcoin (BTC) and other cryptos pulled back on Wednesday as investor concerns about geopolitical tensions and inflation linger. The surge in commodity prices could lead to slower economic growth and greater market volatility. Still, some analysts point to greater buying power as a potential source of BTC demand.