It's a bit outrageous. I wanted to focus on work and didn't have time to watch the market. And what happened? Inflation data eased, expectations of interest rate cuts by the central bank increased, and the S&P 500 and NASDAQ both rose by 1.5%... but what about BTC? Still falling.
This stark contrast is really incredible. Traditional financial markets are all in the green, yet the crypto market continues to drop. Clearly, the macro outlook is positive, but BTC and ETH are each moving in their own ways. This show is worth a good look. Is it just market sentiment shifting, or is there some other trick behind it?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
It's a bit outrageous. I wanted to focus on work and didn't have time to watch the market. And what happened? Inflation data eased, expectations of interest rate cuts by the central bank increased, and the S&P 500 and NASDAQ both rose by 1.5%... but what about BTC? Still falling.
This stark contrast is really incredible. Traditional financial markets are all in the green, yet the crypto market continues to drop. Clearly, the macro outlook is positive, but BTC and ETH are each moving in their own ways. This show is worth a good look. Is it just market sentiment shifting, or is there some other trick behind it?