NASDAQ records the record during bitcoin, gold remains under pressure after the latest macro data

Bitcoin

Standardization of the range continues 102,000 dollars to $ 108,000 and gold is 2 % less today and about 7 % of its high record. Meanwhile, NASDAQ 100 has reached its highest level ever.

Two of us Total economy data points Friday morning – Despite nearly two months at this stage – it may have added to the modest negative tone of BTC and gold. Personal income came in May by -0.4 %, and the expected increase of 0.3 % reduced. Personal spending throughout the month is printed by -0.1 %, and loss of 0.1 % expectations.

Perhaps from more import to markets, the PCE price index in the United States, which excludes the prices of flying food and energy, which is the chosen scale of the Federal Prosecutor for Basic Emorance, increased by 0.2 % in May compared to 0.1 % increase expectations. On an annual basis, basic PCE prices increased by 2.7 % compared to 2.6 %.

This data also supports the opinion that the economy may tend to stagnate. Goldbug and No-Coiner Peter Schiff: “Traders continue to sell gold even with the release of the weak economic data for this morning, and the most powerful inflation data is expected to the dollar index to its lowest levels. The recession and tanks of the bullish dollar for gold, regardless of any superficial commercial deals“ negotiated. ”