{"id":23621,"date":"2025-05-02T17:32:03","date_gmt":"2025-05-02T14:32:03","guid":{"rendered":"https:\/\/forklog.com\/en\/us-economic-slowdown-seen-as-boon-for-cryptocurrencies-says-expert\/"},"modified":"2025-05-02T17:32:03","modified_gmt":"2025-05-02T14:32:03","slug":"us-economic-slowdown-seen-as-boon-for-cryptocurrencies-says-expert","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/us-economic-slowdown-seen-as-boon-for-cryptocurrencies-says-expert\/","title":{"rendered":"US Economic Slowdown Seen as Boon for Cryptocurrencies, Says Expert"},"content":{"rendered":"<p>The easing of inflation concerns in the United States and hopes for a rate cut by the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span> are positive factors for cryptocurrencies. This conclusion was shared by BRN&#8217;s leading analyst Valentin Fournier in a comment for <a href=\"https:\/\/www.theblock.co\/post\/352920\/us-gdp-contraction-and-flat-inflation-reignite-hopes-of-dovish-fed-tilt-that-could-benefit-bitcoin-analysts-say\">The Block<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;As inflation approaches the Fed&#8217;s target of 2%, expectations for multiple rate cuts are strengthening. This could lead to a new wave of liquidity injections, benefiting alternative risky assets like cryptocurrencies more than stocks, which may struggle in a slowing economy,&#8221; the specialist noted.<\/em><\/p>\n<\/blockquote>\n<p>In his view, Wall Street has reacted to this prospect. On April 30, the day the <span data-descr=\"Personal Consumption Expenditures Price Index in the United States\" class=\"old_tooltip\">PCE<\/span> report was released, there was a $56 million outflow from Bitcoin ETFs. Net inflows for May 1 amounted to $442.5 million.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXd2PtlUjtnoQIVBFRftK7joeLV89g-HiiImuvUV7LSTC9kuChE_WbECR4Cy7JYC4lBzbPzEkAKtANjmMVuaQ_OOm-SQFuEQkefpKdEzAiz2KRHw3vNbZiBEgiWr0PbySqJhVi60TQ?key=TstXkZ9WpcOjz74UcfRldcr7\" alt=\"US Economic Slowdown Seen as Boon for Cryptocurrencies, Says Expert\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/sosovalue.com\/assets\/etf\/Total_Crypto_Spot_ETF_Fund_Flow?page=usBTC\">SoSoValue<\/a>.<\/figcaption><\/figure>\n<p>The previous driver of growth in ETF inflows was the rotation of capital from traditional assets. Now, it is the bullish price movement, Fournier believes:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Nevertheless, net inflows into ETFs have generally slowed over the past week, indicating a possible end to the distribution phase, with current inflows now driven by price dynamics.&#8221;<\/em><\/p>\n<\/blockquote>\n<p>Earlier, analyst and MN Trading founder Micha\u00ebl van de Poppe <a href=\"https:\/\/forklog.com\/en\/news\/bitcoins-path-to-100000-analysts-highlight-conflicting-signals\">highlighted<\/a> the &#8220;growing potential&#8221; for the cryptocurrency market to rise amid falling rates and a weak US dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The easing of inflation concerns in the United States and hopes for a rate cut by the Fed are positive factors for cryptocurrencies. This conclusion was shared by BRN&#8217;s leading analyst Valentin Fournier in a comment for The Block. &#8220;As inflation approaches the Fed&#8217;s target of 2%, expectations for multiple rate cuts are strengthening. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[569,1224,26],"class_list":["post-23621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-etf","tag-macroeconomics","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23621"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23620"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}