Fed Governor Waller: Inflation is too high. Several persistent inflationary factors remain, including AI infrastructure buildout and ongoing energy shocks.
Macro news affects the crypto market. I usually look at it in two steps:
First: The data has no clear direction, so funds are likely to remain on the sidelines.
Second: Are U.S. stocks and $BTC reacting in sync? If they are, that means this news is driving the market; if not, the crypto market’s own dynamics are more important.
$BTC is currently at 82882.74, down 1.4% over 24 hours.
#BTC
DYOR, and trade rationally.
Macro news affects the crypto market. I usually look at it in two steps:
First: The data has no clear direction, so funds are likely to remain on the sidelines.
Second: Are U.S. stocks and $BTC reacting in sync? If they are, that means this news is driving the market; if not, the crypto market’s own dynamics are more important.
$BTC is currently at 82882.74, down 1.4% over 24 hours.
#BTC
DYOR, and trade rationally.