Bitcoin Back on the Defensive as Moderna CEO Warns of Reduced Vaccine Efficacy, Exchange Inflows Eyed

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There is consensus in the market that policymakers would supply limitless help to asset costs if the state of affairs worsens, resulting in lockdowns. However, that will push governments and central banks in a tricky spot. With inflation already working hotter than anticipated globally, lockdowns and extra stimulus may result in stagflation, a interval characterised by low progress and elevated worth pressures. While bitcoin is extensively perceived as a retailer of worth asset, it stays susceptible to weak spot in growth-sensitive property like shares.