Bitcoin (BTC ($104,489.45)) $104,349 prices halted their ascent this Friday morning, hovering slightly below record levels. Currently trading around $104,400, the leading cryptocurrency by market capitalization is merely 4.7% away from establishing a new all-time high, according to CoinDesk data.
Gold Prices Reach New Heights
Gold hit an all-time high of $2,799 per ounce on Friday morning, marking a 6.5% gain since the start of the month. Participants in the London bullion market are actively engaging in transactions to borrow the yellow metal from central banks. This activity has been triggered by concerns over potential import tariffs, as reported by Reuters.
Inflation Rises in Tokyo
In January, consumer inflation in Tokyo showed a slight increase. Official data indicates that the core inflation rate has risen to 2.5%. This uptick is seen as a sign of the Bank of Japan raising its policy interest rate to 0.5%, the highest level in 16 years.
Nick …
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