I take a pretty laid-back approach to the news: I just make a note of it and don’t follow the crowd.
Take this report, for example: U.S. PPI rose 1.3% month over month in September, bringing inflation concerns back.
After macroeconomic news breaks, the dollar is usually the first to react, and the crypto market moves afterward.
On the bright side, this could support related cryptocurrencies, but a single news item usually doesn’t have much staying power.
$BTC I’ll keep an eye on it for now. What do you all think?
Take this report, for example: U.S. PPI rose 1.3% month over month in September, bringing inflation concerns back.
After macroeconomic news breaks, the dollar is usually the first to react, and the crypto market moves afterward.
On the bright side, this could support related cryptocurrencies, but a single news item usually doesn’t have much staying power.
$BTC I’ll keep an eye on it for now. What do you all think?