A different take: Inflation is heating up across the board in the U.S., and markets are raising their expectations for Fed rate hikes.
Most people see this as bearish. What I’m more interested in is whether some of the panic has already subsided. It’s not uncommon for markets to rise rather than fall once bad news actually lands.
$BTC 24h -0.66%. Markets sometimes price things in ahead of time, so when the news breaks, it can turn into a “sell the news” event.
In a highly volatile market, manage your risk first.
Most people see this as bearish. What I’m more interested in is whether some of the panic has already subsided. It’s not uncommon for markets to rise rather than fall once bad news actually lands.
$BTC 24h -0.66%. Markets sometimes price things in ahead of time, so when the news breaks, it can turn into a “sell the news” event.
In a highly volatile market, manage your risk first.