Bitcoin and other risk-on assets are under short-term pressure as the macro narrative flips from recession to sticky, entrenched inflation. Sticky inflation Markets are braced for an imminent recession. However, current macro analysis suggests a recession may not be coming, at least not in the short term. Instead, analysts expect a period of sticky, entrenched […]
Research: Bitcoin, risk-on assets under short-term pressure as macro narrative flips
The macro narrative flips from recession to entrenched, sticky inflation creating headwinds for Bitcoin price appreciation.
U.S. Treasury yields soar and Bitcoin stumbles amid debt ceiling, rate hike concerns
Despite recent stillness, on-chain metrics indicate possible volatility ahead for Bitcoin
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.More about Bitcoin
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