Crypto Responding to Rising Rates
In today’s video, we discuss the crypto’s reaction to rising rate expectations and expansionary PMI, along with what the Coinbase premium is signaling.
Reports you may have missed
As we anticipated in mid-April, May 1st appears to have been a pivotal date for interest rates, which have broadly declined since the QRA and FOMC meetings. The release of soft jobs data on Friday has increased expectations for rate cuts within this calendar year. Flows are gradually beginning to return. https://vimeo. com/943861897/2d60db497b? share=copy