Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
Submitted by Anonymous (not verified) on Thu, 03/14/2024 - 18:20U.S. economic data on Thursday has sent rates and the dollar higher.
U.S. economic data on Thursday has sent rates and the dollar higher.

So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot
An interest rate cut isn't likely on the table, but risk assets are doing just fine
Cryptocurrency enthusiast and radio host Mark Moss touts Bitcoin as the ultimate indicator of gauging overall market health.

The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in Marc

Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable
"The market may be too optimistic as we see limited evidence of disinflation in certain areas that are a focus for the Fed," strategists said, expl
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