#bitcoinandoil
bitcoinandoil
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#BitcoinAndOil
Bitcoin is dealing with two major macro forces at the same time.
Oil is moving toward the $100 area while inflation concerns are increasing, creating uncertainty around future interest-rate policy.
Higher energy costs can become a problem for risk assets if they keep inflation expectations elevated.
$BTC #Bitcoin #Macro #Crypto
Bitcoin is dealing with two major macro forces at the same time.
Oil is moving toward the $100 area while inflation concerns are increasing, creating uncertainty around future interest-rate policy.
Higher energy costs can become a problem for risk assets if they keep inflation expectations elevated.
$BTC #Bitcoin #Macro #Crypto
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