Fed Governor Waller says rising Treasury yields are having a tightening effect, helping curb demand in some areas of the economy
When macro news spills over into crypto, I tend to break it down into two steps:
First: If the news has no clear directional signal, capital will most likely keep waiting.
Then, see whether U.S. stocks and $BTC react as well. If they move in sync, it means the macro news is being priced in; if there’s no reaction, it means flows within crypto are more dominant.
$BTC is currently at 83495.09, down 0.07% over 24 hours.
#BTC
When macro news spills over into crypto, I tend to break it down into two steps:
First: If the news has no clear directional signal, capital will most likely keep waiting.
Then, see whether U.S. stocks and $BTC react as well. If they move in sync, it means the macro news is being priced in; if there’s no reaction, it means flows within crypto are more dominant.
$BTC is currently at 83495.09, down 0.07% over 24 hours.
#BTC