More macro news 👀 According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was 3.88% on the previous trading day (November 9, the day before the US CPI inflation data was released).
The first hour after the data is released is usually the most volatile, so don’t use leverage then. It’s not uncommon for prices to open higher and then fall on the day favorable news comes out, so don’t jump to conclusions based on the headline alone.
How will $BTC move?
The first hour after the data is released is usually the most volatile, so don’t use leverage then. It’s not uncommon for prices to open higher and then fall on the day favorable news comes out, so don’t jump to conclusions based on the headline alone.
How will $BTC move?
