Gold Vulnerable To More Pain, Bitcoin Nears $30k

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ValueWalk

*Stock selloff resumes, Crude prices tumble, Gold vulnerable to more pain, [Bitcoin](https://www.valuewalk.com/is-bitcoin-just-a-crisis-currency-or-something-more/) nears $30k – OANDA* Wall Street remains uninspired to ‘buy the dip’ as inflation seems poised to remain stubbornly high, which will force the Fed to tighten policy to levels that will jeopardize the soft landing most traders were expecting. No one can confidently answer the question of when stocks will hit the bottom, but if the options market is the primary focal point for many traders, that could suggest downward pressure on stoc…

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