PCE and Dovish Fed Remarks Give Crypto A Much-Needed Spark
In today’s video, we outline our broader market perspective and discuss how today's PCE data, combined with surprisingly dovish Fed commentary, helped boost crypto prices, setting the stage for potential upside in the weeks ahead.
Tickers in this video: #BTC
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CORE STRATEGY: FOCUS ON MAJORS, KEEP HEAD ON SWIVEL UNTIL BONDS/DXY RELENT We think it's right to expect a bounce into year-end, potentially starting tomorrow if PCE data comes in soft. In our view, this cycle is far from over, but until bonds find a bottom and the USD tops, it’s likely best for the more tactical investor to stay nimble and prepared for opportunities upon confirmation of this trend...
In today's video, we outline why risk asymmetries skew to the upside heading into this week's FOMC, explain our continued conviction in MSTR despite today's underperformance, analyze the market's negative shift on Solana, and share why we believe its recent weakness will be short-lived. TICKERS IN THIS VIDEO: BTC 1.42%
