The probability of a Fed rate hike in October has risen to 33.2%
When macro news affects the crypto market, I look at it in two steps:
First: If the data is weak, sentiment will cool.
Second: Check whether traditional markets and $BTC move in tandem. If they do, that suggests this factor is driving the move; if not, crypto-specific dynamics are likely more dominant.
$BTC is currently at 81752.01, down 2.01% over 24 hours.
#BTC
When macro news affects the crypto market, I look at it in two steps:
First: If the data is weak, sentiment will cool.
Second: Check whether traditional markets and $BTC move in tandem. If they do, that suggests this factor is driving the move; if not, crypto-specific dynamics are likely more dominant.
$BTC is currently at 81752.01, down 2.01% over 24 hours.
#BTC