Eurozone Confidence Hits New Low Amid Rising Inflation Fears

The Eurozone's economic sentiment has reached a new low, plummeting to levels not seen since December 2022. The primary driver behind this downturn is the surge in inflation expectations, largely fueled by the ongoing conflict in the Middle East.

Meanwhile, the Bitcoin market continues to defy macroeconomic headwinds, holding steady above $68,000 on May 1. Despite the economic contraction, the cryptocurrency's price has shown no significant response, with a deep order book absorbing minor sentiment changes without affecting the market.