Key Highlights On-chain analyst Willy Woo identifies a Fisher Transform golden cross on Bitcoin’s monthly chart, marking only the fourth such bottom signal in the asset’s history. Crypto analyst Murphy contends that interest rate hikes by the Federal Reserve and Bank of Japan are not inherently bearish for Bitcoin, emphasizing pace of tightening and market ...
Bloomberg Intelligence senior commodities strategist Mike McGlone has warned that elevated equity valuations and expectations of further Federal Reserve interest rate hikes are generating strong sell signals for Bitcoin. Bitcoin’s Risk-Adjusted Returns Under Scrutiny McGlone noted that Bitcoin’s performance over the past five years has roughly matched the S&P 500 index, but with approximately three ...
Economist James E. Thorne has criticized the Federal Reserve’s restrictive monetary policy, arguing that higher interest rates may not address the underlying causes of current…
Investors turned cautious on August 28 as the U.S. dollar strengthened and markets assessed more hawkish comments from Federal Reserve Chair Kevin Warsh during his…