๐ต #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
๐ต #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Letโs hear your thoughts!
Barclays: Buy inflation-protected assets to prepare for Trump 2.0
On June 29th, Jin10 Data reported that for Barclays' interest rate strategists who watched Thursday's presidential candidate debate, the trade was clear: buy inflation hedging assets in the US Treasury market. As the possibility of former President Trump replacing current President Biden in the November 5th election seems to increase, the market should "consider the significant risk of higher than target inflation rates in the coming years." They wrote that this simple trade is betting that 5-year inflation-indexed bonds (TIPS) will outperform regular 5-year government bonds, leading to an expansion of the yield differential between the two. Barclays predicts that the breakeven rate, which represents the market's implied expectation of average inflation rate within the bond term, will increase from the current level of around 2.25% to 2.5%.