When the macro picture changes, look at the broader market first: $BTC .
Gold mining stocks fell as strong U.S. inflation data boosted expectations of Fed rate hikes. The macro backdrop sets the scene, but capital flows ultimately determine the market’s direction.
The impact of negative news often comes quickly and fades just as fast. The key is whether further bad news follows.
#BTC
Gold mining stocks fell as strong U.S. inflation data boosted expectations of Fed rate hikes. The macro backdrop sets the scene, but capital flows ultimately determine the market’s direction.
The impact of negative news often comes quickly and fades just as fast. The key is whether further bad news follows.
#BTC