Report: Bitcoin is entering a critical moment in the market, continuing to show an upward trend

10x Research stated in its market analysis that gold and Bitcoin are entering a critical moment in the market. As gold rebounds to near historical highs and Bitcoin continues to show bullish momentum, macroeconomic factors such as easing inflation concerns, tariffs lower than expected, and dovish comments from the Federal Reserve are driving optimism.

In late October last year, a week before Trump was elected, the price of gold stopped rising and entered a consolidation phase. This was attributed to potential inflationary pressures brought about by Trump's immigration and tariff policies, as well as his commitment to supplement strategic oil reserves. Economists predict that all of these could potentially push up inflation expectations.

The current tariff policy announced by Trump is milder than expected, Fed Governor Waller adopted a dovish tone last week; there are solid macroeconomic reasons supporting gold's rebound to historical highs and Bitcoin's continued rise. These factors combined with last week's CPI data are key considerations making us more optimistic about the current market outlook.