{"id":1775,"date":"2025-11-18T23:10:54","date_gmt":"2025-11-18T23:10:54","guid":{"rendered":"https:\/\/www.savitaspasaulis.lt\/index.php\/2025\/11\/18\/ar-tai-gali-trukti-susirupinus-infliacija\/"},"modified":"2025-11-18T23:10:54","modified_gmt":"2025-11-18T23:10:54","slug":"ar-tai-gali-trukti-susirupinus-infliacija","status":"publish","type":"post","link":"https:\/\/www.savitaspasaulis.lt\/index.php\/2025\/11\/18\/ar-tai-gali-trukti-susirupinus-infliacija\/","title":{"rendered":"Ar tai gali trukti susir\u016bpinus infliacija?"},"content":{"rendered":"<p><\/p>\n<div data-v-0ccfa88e=\"\">\n<p data-ct-non-breakable=\"undefined\"><strong>Pagrindiniai pasi\u0117mimai:<\/strong><\/p>\n<ul>\n<li>\n<p data-ct-non-breakable=\"undefined\">Federalinio rezervo balanso limitai ir galimos atpirkimo operacijos rodo geresnes likvidumo s\u0105lygas, kurios gali padidinti Bitcoin ir kit\u0105 rizikos turt\u0105.<\/p>\n<\/li>\n<li>\n<p data-ct-non-breakable=\"undefined\">Fiskalin\u0117 \u012ftampa ir sektoriaus silpnumas \u0161iuo metu slegia rinkas, ta\u010diau tarif\u0173 ma\u017einimas ir tikslingas skatinimo planas gali pad\u0117ti atsigauti kriptovaliut\u0173 paklausai.<\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin (BTC) ir platesn\u0117 kriptovaliut\u0173 rinka gali i\u0161likti spaud\u017eiami prie\u0161 art\u0117jant\u012f JAV Federalini\u0173 rezerv\u0173 banko sprendim\u0105 d\u0117l pal\u016bkan\u0173 normos gruod\u017eio 10 d. Pinig\u0173 politikos krypties l\u016bkes\u010diai teb\u0117ra labai susiskald\u0119, o susir\u016bpinimas d\u0117l infliacijos susiduria su l\u0117t\u0117jan\u010dios ekonomin\u0117s veiklos po\u017eymiais.<\/p>\n<figure>    <figcaption style=\"text-align: center;\"><em>Fed tikslin\u0117s pal\u016bkan\u0173 normos tikimyb\u0117 gruod\u017eio m\u0117n. FOMC. \u0160altinis: <\/em><em>CME FedWatch<\/em><em>  \u012erankis<\/em><\/figcaption><\/figure>\n<p>Remiantis numanomu koeficientu vyriausyb\u0117s obligacij\u0173 rinkose, prekiautojai yra suskirstyti \u012f 0,25% suma\u017einim\u0105 ir pastov\u0173 4% pal\u016bkan\u0173 norm\u0105. Atsargesni FED nariai tvirtina, kad JAV prezidento Donaldo Trumpo tarifai padidino infliacijos spaudim\u0105, suma\u017eindami galimybes suma\u017einti pal\u016bkan\u0173 normas ir palaikyti augim\u0105. Tuo pat metu JAV darbo rinka rodo ai\u0161kius at\u0161alimo \u017eenklus, teigiama BlackRock ataskaitose.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Turinys:<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.savitaspasaulis.lt\/index.php\/2025\/11\/18\/ar-tai-gali-trukti-susirupinus-infliacija\/#Kaltinti_Bitcoin_silpnuma_vien_tik_Fed_atrodo_klaidinga\" >Kaltinti Bitcoin silpnum\u0105 vien tik Fed atrodo klaidinga<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.savitaspasaulis.lt\/index.php\/2025\/11\/18\/ar-tai-gali-trukti-susirupinus-infliacija\/#%E2%80%9EBitcoin%E2%80%9C_gali_stipriai_atsigauti_nes_galiausiai_atsigaus_likvidumas\" >\u201eBitcoin\u201c gali stipriai atsigauti, nes galiausiai atsigaus likvidumas<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Kaltinti_Bitcoin_silpnuma_vien_tik_Fed_atrodo_klaidinga\"><\/span>Kaltinti Bitcoin silpnum\u0105 vien tik Fed atrodo klaidinga<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-ct-non-breakable=\"undefined\">Fed pareig\u016bnai nuolat mini susir\u016bpinim\u0105 d\u0117l nepastovios infliacijos. \u201eA\u0161 nerimauju, kad ribojanti pinig\u0173 politika slegia ekonomik\u0105, ypa\u010d d\u0117l to, kaip ji veikia ma\u017eas ir vidutines pajamas gaunan\u010dius vartotojus\u201c, \u2013 pirmadien\u012f sak\u0117 FED valdytojas Christopheris Walleris. Walleris atmet\u0117 gandus, kad tr\u016bkstami oficial\u016bs duomenys, atsirad\u0119 d\u0117l vyriausyb\u0117s u\u017edarymo, pakenk\u0117 FED matomumui. <\/p>\n<p>Vis d\u0117lto kaltinti Bitcoin silpnumu tik Fed atrodo netikslu, turint omenyje, kad nuosmukis prasid\u0117jo spalio prad\u017eioje. JAV importo muitai pad\u0117jo suma\u017einti m\u0117nesin\u012f vald\u017eios sektoriaus deficit\u0105, o FED balansas ir toliau ma\u017e\u0117jo, tod\u0117l JAV dolerio kursas sustipr\u0117jo pagrindini\u0173 valiut\u0173 krep\u0161elio at\u017evilgiu. Istori\u0161kai Bitcoin turi atvirk\u0161tin\u0119 koreliacij\u0105 su dolerio indeksu (DXY).<\/p>\n<figure>    <img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019a98bd-e009-7966-ab92-3d0aa0b0e24d\" title=\"\"\/><figcaption style=\"text-align: center;\"><em>Atvirk\u0161tinis JAV dolerio indeksas (raudonas) palyginti su BTC\/USD (de\u0161in\u0117je). \u0160altinis: TradingView \/ Cointelegraph<\/em><\/figcaption><\/figure>\n<p data-ct-non-breakable=\"undefined\">Nustatyti tiksli\u0105 \u201eBitcoin\u201c silpnumo nuo spalio 6 d. vis\u0173 laik\u0173 rekordo prie\u017eastis yra beveik ne\u012fmanoma. Remiantis \u201eSavvy Wealth\u201c ataskaita, finansin\u0117s s\u0105lygos pablog\u0117jo, nes sul\u0117t\u0117jo krovini\u0173 gabenimo veikla, su\u0161veln\u0117jo b\u016bsto rinka, o \u012fmon\u0117s susid\u016br\u0117 su grie\u017etesniais pinig\u0173 srautais. D\u0117l to Bitcoin nuosmuk\u012f gali lemti platus rizikos vengimas, o ne vien dolerio stiprumas.<\/p>\n<p data-ct-non-breakable=\"undefined\">Fed prane\u0161\u0117, kad nuo gruod\u017eio m\u0117n. nebeleis savo valdomo turto nukristi \u017eemiau dabartini\u0173 6,5 trilijon\u0173 doleri\u0173. \u0160\u012f \u017eingsn\u012f gal\u0117t\u0173 kompensuoti atpirkimo sandori\u0173 (Repo) operacij\u0173 prad\u017eia. Praktikoje FED balansas nesikei\u010dia, kol grynieji pinigai \u012fleid\u017eiami \u012f finans\u0173 rinkas, o tai palengvina likvidumo problemas papildant bankus rezervais.<\/p>\n<figure>    <img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019a98bd-e375-70e5-a195-1b01676ed205\" title=\"\"\/><figcaption style=\"text-align: center;\"><em>Visas turtas JAV Federalinio rezervo balanse, mln. USD. \u0160altinis: Fed<\/em><\/figcaption><\/figure>\n<p data-ct-non-breakable=\"undefined\">Tuo tarpu D. Trumpas nurod\u0117 JAV i\u017edo sekretoriui Scottui Bessentui 2026 met\u0173 prad\u017eioje parengti skatinimo kampanij\u0105, skirt\u0105 ma\u017eesnes pajamas gaunantiems nam\u0173 \u016bkiams, o importo muitai gali b\u016bti palaipsniui ma\u017einami siekiant suma\u017einti infliacijos rizik\u0105. Vis d\u0117lto fiskalin\u0117s s\u0105lygos pablog\u0117s 2026 m., kai \u012fsigalioja \u201eOne Big Beautiful Bill Act\u201c.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%9EBitcoin%E2%80%9C_gali_stipriai_atsigauti_nes_galiausiai_atsigaus_likvidumas\"><\/span>\u201eBitcoin\u201c gali stipriai atsigauti, nes galiausiai atsigaus likvidumas<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Iki met\u0173 prad\u017eios ekonomikos perspektyv\u0173 neapibr\u0117\u017etumo, geresn\u0117s ar blogesn\u0117s, tur\u0117t\u0173 b\u016bti daug ma\u017eiau. \u0160iuo metu akivaizd\u016bs tr\u016bkumai nekilnojamojo turto ir automobili\u0173 sektoriuose, kurie abu daro didel\u012f spaudim\u0105 regioniniams bankams. Bitcoin ir kiti rizikingesni aktyvai jau reagavo gynybi\u0161kai, ta\u010diau jie bus naudingiausi, kai atsigaus likvidumui.<\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Susij\u0119: <\/strong><\/em><em><strong>\u201eBitcoin\u201c diagramos \u017eemiausia 75 t\u016bkst. USD, bet analitikai prognozuoja, kad iki 2025 m. baigsis 40 proc.<\/strong><\/em><\/p>\n<figure>    <img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-11\/019a98bd-e773-76f5-888b-7f074952e4d6\" title=\"\"\/><figcaption style=\"text-align: center;\"><em>Pinig\u0173 rinkos fondai procentais nuo BVP. \u0160altinis: ING<\/em><\/figcaption><\/figure>\n<p>Bitcoin n\u0117ra JAV pinig\u0173 politikos \u012fkaitas, ypa\u010d silpn\u0117jant darbo rinkai. Fed turi ribot\u0105 veiksm\u0173 laisv\u0119, kol fiskalin\u0117s s\u0105lygos i\u0161lieka grie\u017etos, tod\u0117l ekspansin\u0117s priemon\u0117s yra atsargos. Laikui b\u0117gant, tikimasi, kad likvidumas gr\u012f\u0161 \u012f rinkas, pad\u0117s su\u0161velninti didesn\u012f ekonomin\u012f poveik\u012f ir sukurs palankesn\u0119 aplink\u0105 dideliam riboto turto augimui.<\/p>\n<p class=\"post-content__disclaimer\" data-ct-non-breakable=\"undefined\" type=\"\">\u0160is straipsnis skirtas bendrai informacijai ir n\u0117ra skirtas ir netur\u0117t\u0173 b\u016bti laikomas teisiniu ar investiciniu patarimu. \u010cia i\u0161sakytos pa\u017ei\u016bros, mintys ir nuomon\u0117s yra tik autoriaus ir neb\u016btinai atspindi ar atstovauja Cointelegraph po\u017ei\u016brius ir nuomones.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" data-ct-non-breakable=\"undefined\" label=\"Subscription Form: Markets Outlook\"\/><\/div>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-recovery-expected-as-liquidity-conditions-change-but-us-macro-remains-a-threat?utm_source=rss_feed&#038;utm_medium=rss%3F__%3D1763507425886%26_nocache%3D1763507425886%26vfff%3D1763507425%26_q%3D1763507425886&#038;utm_campaign=rss_partner_inbound\"> Nuoroda \u012f informacijos \u0161altin\u012f <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pagrindiniai pasi\u0117mimai: Federalinio rezervo balanso limitai ir galimos atpirkimo operacijos rodo geresnes likvidumo s\u0105lygas, kurios gali padidinti Bitcoin ir kit\u0105 rizikos turt\u0105. Fiskalin\u0117 \u012ftampa ir sektoriaus silpnumas \u0161iuo metu slegia rinkas, ta\u010diau tarif\u0173 ma\u017einimas ir tikslingas skatinimo planas gali pad\u0117ti atsigauti kriptovaliut\u0173 paklausai. Bitcoin (BTC) ir platesn\u0117 kriptovaliut\u0173 rinka gali i\u0161likti spaud\u017eiami prie\u0161 art\u0117jant\u012f JAV [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1776,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[331],"tags":[969,3130,3129,263,3128],"class_list":["post-1775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kripto-naujienos","tag-gali","tag-infliacija","tag-susirupinus","tag-tai","tag-trukti"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/posts\/1775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/comments?post=1775"}],"version-history":[{"count":0,"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/posts\/1775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/media\/1776"}],"wp:attachment":[{"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/media?parent=1775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/categories?post=1775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.savitaspasaulis.lt\/index.php\/wp-json\/wp\/v2\/tags?post=1775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}