Market underwhelmed by NVIDIA’s Q2 revenue and EPS beats
NVIDIA's stellar YTD returns overshadow concerns over shrinking EPS surprises.
James Van Straten 2 min read Macro Insights
Get CryptoSlate’s Macro insights with analysis on global markets, economics, interest rates, and how macro trends shape Bitcoin and the broader crypto sector.
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James Van Straten 2 min read Latest insights
Bitcoin
Bitcoin momentarily hit $62k following Powell’s speech on economic outlook
Powell's remarks on inflation and labor market spark Bitcoin rally, DXY drop.
Stablecoins
Stablecoins hold around 1% of US Treasury bills today – Bitwise
Tether eclipses Schwab and Fidelity in U.S. Treasury bill holdings with $80.9 billion stake.
Macro
Job data revision exposes softer labor market
Job market cools more rapidly with 818,000 fewer jobs, sparking debate on economic metrics reliability.
Bitcoin
Bitcoin and S&P 500 divergence echoes pre-COVID trends, potential realignment ahead
Historical parallels emerge as Bitcoin and S&P 500 diverge.
Bitcoin
Bitcoin’s negative correlation with SPX deepens amid current market trends
Gold achieves ATHs, SPX thrives, while Bitcoin flounders below $60K.
Macro
Federal Reserve balance sheet rises by $2 billion amid rate cut speculation
Crypto markets remain weak despite financial market resilience and Federal Reserve activity.
Macro
U.S. inflation rate hits 2.9% as Bitcoin remains around $61,000
Core inflation aligns with predictions, Bitcoin's response flat at $61,000.
Alpha
Market braces for rate cuts as Fed’s Quantitative Tightening slows
Federal Reserve balance sheet sees minor $3.1 billion decline, hits $7.2 trillion.
Bitcoin
US volatility records third highest reading as Bitcoin dominance surges
VIX spikes to 65, marking highest levels since March 2020.
Bitcoin
Japan’s historic rate hike prompts yen carry trade unwinding, impacts global markets
Yen strength following BoJ hike leads to massive sell-off in US and European markets.
Macro
U.S. unemployment rate spike drives Treasury yields down and Bitcoin holds steady
Weak jobs report hits dollar, Treasury yields; Bitcoin remains resilient.
Bitcoin
Economic woes drive Bitcoin below $63,000
Long positions bear the brunt with $277 million liquidated in 24 hours.