Episode Details
Back to EpisodesBitcoin's Dip, Stock Market's Pain: Bitwise's Macro View
Published 4 days, 19 hours ago
Description
Bitcoins price drop and lower liquidity have left it vulnerable to macroeconomic shocks, while geopolitical tensions have driven up inflation fears and oil prices. Traders expectations for Fed rate cuts have shifted, causing stocks to plummet. Bitcoins Mayer Multiple indicates its resetting early, while altcoins are following its lead, tightening the crypto market.
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