1 min de lectureIs another rate hike in the works? Could bitcoin's resilience continue?
Rates are in the spotlight, with markets hinting at a Fed pause and potential rate cuts. FOMC comments, weak jobs data, and cooling inflation are the talk of the town. Surprisingly, Bitcoin is responding positively to these shifts. A May rate hike is now on the radar.
Shifting gears to macro trends, recent data released just before Thanksgiving stirred some interest. Durable goods orders show a dip, but it's not all doom and gloom - some specific factors are at play. Looking ahead, business and residential investment face headwinds. Residential spending might not take a nosedive, but a slowdown is expected.
Now let's bring it home for investors: while risk assets face a nuanced landscape, we think Bitcoin's resilience, surging to $38k amid market shifts, suggests potential bullish conditions amidst broader uncertainties.
