With Fed rate hike all but assured, here's how markets might react
Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy.
Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy.
BTC fell on Friday and Treasury yields rose, but the hawkish market reaction looks overdone when compared to the largely steady Fed rate hike odds.
Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on the week after August’s 24% run.
Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the… Read More
Bitcoin’s annualized 30-day implied volatility index, BVIV, the so-called fear gauge, continues to hover below 40%, well below highs above 60% seen during the early June and early February price sell-offs. The index is influenced by demand for options, or hedging instruments. So, the low… Read More
Thanks to the newly passed U.S. Senate housing affordability bill, the Federal Reserve may be heading toward a formal ban from instituting a digital dollar in the form of a central bank digital currency (CBDC), despite the fact the Fed wasn’t working on such a… Read More