As the pandemic lingers

As the pandemic lingers

New Bitcoin hash rate highs remove any trace of China mining ban

  • Central banks reducing emergency stimulus too quickly and further supply chain disruption are among the top risks to the world economy next year as the COVID-19 pandemic lingers
  • China’s exit from #Bitcoin mining, which saw its hash rate dive 50% this year, is now all but unnoticeable as network fundamentals take care of their own recovery
  • European Central Bank President Christine Lagarde pushed back against market bets that runaway #inflation would force a rate hike as early as next year, reaffirming the view that price pressures would ease by then
  • #Gold got a slight bump of 0.2% against the Dollar
  • #WTIUSD gained 0.6%

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