Bitcoin's Dip, Stock Market's Pain: Bitwise's Macro View
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
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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