Unfazed by inflation, expectations for further rate hikes strengthened; U.S. stocks and crypto rebounded, Jensen Huang stepped in to contain the fallout, and the chip index fell for seven straight sessions.
The news had little impact on its own, but given the current policy backdrop, it’s still worth noting.
Trading volume is the most honest indicator: you can tell how much weight a piece of news carries by looking at trading activity.
$BTC .