Crypto more attractive to young investors than stocks or real estate, highlighting generational divide

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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Crypto SWOT: Many crypto companies are hiring again, as the digital asset space recoversThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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