According to CryptoSlate, Bitfinex said via its weekly analysis report, Bitfinex Alpha, that there is still uncertainty in the BTC and crypto markets. "BTC rebounded on the back of a strong US non-farm payrolls report on Friday, but the BTC spot cumulative volume delta (CVD) indicator remains depressed, suggesting a lack of aggressive buying in the spot market. The outlook for BTC and crypto markets remains uncertain and will depend on a number of factors," the report said, adding that "the upcoming US CPI print and geopolitical tensions are likely to play an important role in shaping the direction of BTC prices."

#BTC