Brent crude oil is down more than 4%, now at $83.77 per barrel. Inflationary pressure seems to be less intense, and the US stock market is riding the momentum as well. The Nasdaq jumped more than 2% to close at 25,905 points. That means risk-off sentiment may be weaker, which is a short-term boost for risk assets like $BTC and $ETH .
Amazon’s market cap has crossed the $3 trillion mark. With tech stocks this strong, people are more willing to take risks. In this kind of macro environment, everyone is still keeping an eye on digital assets and the crypto market.
South Korea is planning to buy some physical gold—the first time in 13 years—which shows that demand for safe havens is coming back. With geopolitical tensions stabilizing, gold price volatility may be smaller, but how closely it tracks the crypto market still needs to be monitored.
Williams thinks the inflation problem will gradually be resolved, but if it turns out differently from expectations, the Fed may still raise rates. These policy expectations are still affecting everyone’s mood.
NFA DYOR
#加密货币 #宏观 #BTC #ETH #Market Watch
Amazon’s market cap has crossed the $3 trillion mark. With tech stocks this strong, people are more willing to take risks. In this kind of macro environment, everyone is still keeping an eye on digital assets and the crypto market.
South Korea is planning to buy some physical gold—the first time in 13 years—which shows that demand for safe havens is coming back. With geopolitical tensions stabilizing, gold price volatility may be smaller, but how closely it tracks the crypto market still needs to be monitored.
Williams thinks the inflation problem will gradually be resolved, but if it turns out differently from expectations, the Fed may still raise rates. These policy expectations are still affecting everyone’s mood.
NFA DYOR
#加密货币 #宏观 #BTC #ETH #Market Watch