List of Flash News about macroeconomic analysis
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2025-07-04 15:18 |
Bitcoin (BTC) Price Primed for All-Time High as Weakening Dollar, Nvidia Surge, and Fed Rate Cut Hopes Create Perfect Storm
According to @rovercrc, Bitcoin (BTC) appears poised for a potential run to a new all-time high, supported by a confluence of bullish macroeconomic factors. Key drivers include a weakening U.S. dollar index (DXY), which has dropped to its lowest level since February 2022, a development Bitwise's Andre Dragosch called "very bullish" for Bitcoin. Additionally, a strong positive correlation of 0.80 exists between BTC and Nvidia (NVDA) shares, which recently hit a new record high. Traders are also increasingly pricing in a Federal Reserve rate cut for July, with interest rate swaps indicating expectations for 60 basis points of easing this year, according to Bloomberg. These factors are compounded by record-high U.S. equity indexes, a surging M2 money supply, and recessionary signals from the bond market's steepening yield curve and declining consumer confidence, all of which encourage a flight to risk assets like Bitcoin. |
2024-10-03 01:46 |
Macro Insights Shared by Greeks.live
According to Greeks.live, they have shared a resource or discussion link that may be of interest to those who are inclined towards macroeconomic analysis. This could be relevant for traders looking to understand broader economic factors influencing cryptocurrency markets. |