Jim Cramer: $40 oil could significantly lower US CPI
When macro news spills over into crypto, I usually look at it in two steps:
First: If the data comes in cool, risk appetite tends to ease.
Then: Check whether US stocks and $BTC have moved accordingly. A synchronized reaction means macro factors are driving the market; no reaction means crypto-specific flows matter more.
$BTC is currently at 73786, down 1.21% over 24h.
When macro news spills over into crypto, I usually look at it in two steps:
First: If the data comes in cool, risk appetite tends to ease.
Then: Check whether US stocks and $BTC have moved accordingly. A synchronized reaction means macro factors are driving the market; no reaction means crypto-specific flows matter more.
$BTC is currently at 73786, down 1.21% over 24h.
