This week's price action has been difficult to explain.
The Senate's procedural vote on the CLARITY Act failed, and the Federal Reserve raised rates by 25 bps to 3.75%–4.00%.
Yet U.S. stocks rebounded, Treasury yields eased, and Bitcoin recovered.
Markets may have already priced in the bad news, while SEC Chair Paul Atkins's support for continued crypto rulemaking reduced regulatory uncertainty.
Watching stocks, indices, and crypto recover together on BingX made the reaction especially interesting.
What do you think did markets overreact, or is a bigger macro story unfolding?
$BTC
The Senate's procedural vote on the CLARITY Act failed, and the Federal Reserve raised rates by 25 bps to 3.75%–4.00%.
Yet U.S. stocks rebounded, Treasury yields eased, and Bitcoin recovered.
Markets may have already priced in the bad news, while SEC Chair Paul Atkins's support for continued crypto rulemaking reduced regulatory uncertainty.
Watching stocks, indices, and crypto recover together on BingX made the reaction especially interesting.
What do you think did markets overreact, or is a bigger macro story unfolding?
$BTC
