Bitcoin price more correlated to FTX developments than macro events: Research
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.
While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.
Original source
Read on CointelegraphRelated market context
UK armed forces intercept Russian shadow fleet in Channel, exposing crypto-powered sanctions evasion
The interception of Russia's shadow fleet highlights the evolving complexity of sanctions evasion, underscoring crypto's role in g...
Switzerland’s World Cup stumble highlights growing gap between major sports events and crypto engagement
The diminishing crypto presence at major sports events may signal a shift in sponsorship dynamics and fan engagement strategies. T...
Italy raises crypto capital gains tax to 33% effective January 1, 2026
Italy's crypto tax hike may deter investment, complicate EU market cohesion, and increase financial burdens on small-scale investo...
Reuters Currency Headlines Hint at Macro Shift for Bitcoin and Crypto Markets
Reuters currency market headlines hint at macroeconomic pressures affecting Bitcoin and crypto. Analysis of fiat moves and regulat...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...