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In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St Onge raises concerns about the accuracy of U.S. inflation data and its implications for measuring true economic growth. Peter St Onge, Official Figures May Understate … Read more
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening. Go to Source
Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support. Go to Source
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level. Go to Source
Google’s parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout. Go to Source
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path? Go to Source
Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term. Go to Source
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies. Go to Source
Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market. Go to Source
Bitcoin price remains range bound as equities, gold and US Treasuries offer competitive rates with reduced risk. This week’s CPI report could shake things up. Go to Source
