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Neel Kashkari Usa markets stocks Federal Reserve inflation Central Bank Interest rates Bitcoin

03.03.2023 - 20:13

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cointelegraph.com:

The U.S. stock market approaches a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data released in February.

Despite mounting investor worries, the economy is showing signs of resilience that could protect against a significant downside move.

The escalating risk-off sentiment in the market is also creating volatility for Bitcoin (BTC). The leading crypto asset, which has had a strong correlation with the U.S.

stock market, moved oppositely to the stock market in February. The correction between BTC and Nasdaq turned negative for the first time in two years.