U.S. investors have been pulling back from Bitcoin for three consecutive months, and the reasons extend far beyond crypto.
The Coinbase Premium has stayed negative for nearly three months, signaling weak U.S. demand for $BTC .
And honestly, it’s understandable.
The CLARITY Act continues to face delays, geopolitical tensions remain elevated, and inflation, while cooling, is still above the Fed’s 2% target.
That leaves investors uncertain about the Fed’s next move and where interest rates are headed.
With so many major uncertainties still unresolved, investors aren’t eager to take on additional risk.
Until the broader macro picture becomes clearer, I believe restoring strong U.S. demand for Bitcoin will remain challenging.
#ChinaJulyOutputRetailInvestmentAllMiss #CardanoSplitsDijkstraUpgradeIntoTwoPhases
The Coinbase Premium has stayed negative for nearly three months, signaling weak U.S. demand for $BTC .
And honestly, it’s understandable.
The CLARITY Act continues to face delays, geopolitical tensions remain elevated, and inflation, while cooling, is still above the Fed’s 2% target.
That leaves investors uncertain about the Fed’s next move and where interest rates are headed.
With so many major uncertainties still unresolved, investors aren’t eager to take on additional risk.
Until the broader macro picture becomes clearer, I believe restoring strong U.S. demand for Bitcoin will remain challenging.
#ChinaJulyOutputRetailInvestmentAllMiss #CardanoSplitsDijkstraUpgradeIntoTwoPhases