Nasdaq Hits Record While Bitcoin, Gold Remain Under Pressure After Latest Macro Data
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币界网报道：Bitcoin remains range-bound between $102,000 and $108,000 as gold dips 2% today, down 7% from its peak, while the Nasdaq 100 hits record highs. Weak U.S. macroeconomic data from May—personal income fell 0.4% (vs. +0.3% expected) and spending dropped 0.1% (vs. +0.1% forecast)—may have contributed to the subdued sentiment. More critically, the core PCE price index, the Fed's preferred inflation measure, rose 0.2% MoM (vs. +0.1% expected) and 2.7% YoY (vs. 2.6% expected), reinforcing stagflation concerns. Gold advocate Peter Schiff noted traders are selling gold despite weak economic data and rising inflation, calling stagflation and a weaker dollar bullish for gold regardless of political trade deals.
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