There has been a lot of volatility in the market lately (Bitcoin fell by 7k in just a couple of days), caused by a combination of several factors, which I want to talk about in this post.
Let's start with the situation in the US, which, fortunately or unfortunately, affects the whole world, because the American economy is the largest in the world. And the situation in the US right now is not the most rosy.
Firstly, the unemployment rate has been growing for several months (the figures have grown by 0.2% over the past month), which directly affects the economy - people without work cannot or spend much less, which means less profit for businesses and less taxes.
For example, Amazon lost almost $1 billion in revenue last month, and this is the largest company in the world engaged in the sale and delivery of all kinds of goods in the US.
At the same time, we have been seeing a decline in inflation for several months in a row, as a result of which, according to forecasts, the Fed will lower the key rate by as …