Just came across this: U.S. Treasury Secretary Bessent: The Fed should understand that this is an energy supply shock. I immediately checked $BTC , down 4.65% intraday.
The macro side tends to move more slowly than the crypto market, but its impact usually lasts longer. The effect is relatively minor; what’s worth paying attention to is the trend it reflects.
The macro side tends to move more slowly than the crypto market, but its impact usually lasts longer. The effect is relatively minor; what’s worth paying attention to is the trend it reflects.