In the first few months of 2022 macro uncertainty has been felt in the crypto and traditional markets as economic, regulatory, and political scenarios unfold.<\/p>\n
Historically, investors see gold as a reliable safe-haven asset they can run to when stocks and bonds decline. It is not surprising for gold prices to have seen a 19-month high as the U.S. and UK decided to\u00a0<\/span>ban Russian energy\u00a0<\/span>products<\/span>. It seems that now investors are not only attracted to the metal, but to gold-backed tokens as well.<\/p>\n
What Crypto Can Expect From Macro Uncertainty<\/h2>\n
The macro uncertainty has only increased in 2022, starting with Russia’s invasion of Ukraine, then escalating as the sanctions on Moscow have a direct effect on commodities prices.\u00a0 Moreover, analysts expect that a rising U.S. inflation will be reflected in the CPI numbers to be published next Thursday.<\/p>\n
Arcane Research data noted that CPI is expected to reach 7.9%, and the Federal Reserve might perform the 25 basis point rate hike that chair Jerome Powell said he is inclined to support.<\/p>\n