Crypto more attractive to young investors than stocks or real estate, highlighting generational divide
Young investors show a rising interest in cryptocurrencies as they have effectively been priced out of the real estate and stock markets, which are dominated by Boomer wealth. - Shane Williams, CEO of West Red Lake Gold Mines, anticipates that production at the Madsen project will start mid-decade.Bitcoin price dips below $68k on hotter CPI, China enters BTC ETF market via Hong Kong
The hotter-than-expected CPI reading weighed heavily on the crypto market in early trading on Wednesday as Bitcoin briefly dipped below $68,000.Gold price trying to hold support around $2,350 as U.S. CPI rises 0.4% in March, up 3.5% for the year - The gold market is seeing some selling pressure, with prices testing initial support at $2350 an ounce as the U.S. economy sees hotter-than-expected inflation.The Consumer Price Index rose 0.4% last month after February’s 0.4% increase, the U.S. Bureau of Labor Statistics said on Wednesday. The latest inflation data was higher than expected as economists looked for a 0.3% increase.The report said that in the last 12 months, headline inflation rose 3.5%, also coming in above expectations.
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