The Fed is at it again. Waller says they still need to raise rates, but the pace could be more flexible. The employment data, however, looks decent—initial jobless claims were 197,000, lower than expected, suggesting the job market isn’t too bad.
Taken together, these developments aren’t very friendly for risk assets like $BTC in the short term. Expectations for further rate hikes will weigh on the market. But tech stocks are pretty active—TSMC’s quarterly revenue surged 50%, Google is rolling out new initiatives again, and OpenAI is working on fundraising and chips. The actions of these big tech companies are frequent, and they may help lift the broader tech sector, which could provide some indirect support for coins like $ETH that are more closely tied to the tech ecosystem.
That said, the truth is, in this market, when have “dog庄” ever made sense? They really won’t be grateful.
#Web3 #加密货币 #digital currency
Taken together, these developments aren’t very friendly for risk assets like $BTC in the short term. Expectations for further rate hikes will weigh on the market. But tech stocks are pretty active—TSMC’s quarterly revenue surged 50%, Google is rolling out new initiatives again, and OpenAI is working on fundraising and chips. The actions of these big tech companies are frequent, and they may help lift the broader tech sector, which could provide some indirect support for coins like $ETH that are more closely tied to the tech ecosystem.
That said, the truth is, in this market, when have “dog庄” ever made sense? They really won’t be grateful.
#Web3 #加密货币 #digital currency