Bitcoin Stays Deaf To Risk-Asset Highs As ‘Stagflation’ Talk Returns

Bitcoin (BTC) stayed motionless at Thursday’s Wall Street open as analysis saw signs of reemergent US “stagflation.”Key points:Bitcoin stays below $65,000 as Iran tempers expectations over the Strait of Hormuz oil route reopening.US PMI data analysis sees “stagflation” return as a potential future risk.BTC price indecisiveness means that the market still lacks a “genuine breakdown,” says Bitfinex.Iran cools market hopes of Hormuz dealData from TradingView showed BTC/USD hovering above $64,000, down around 0.5% on the…

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