As Bitcoin builds support in a range and looks to break out on bullish fundamentals, the recent dollar rally might derail the momentum. That, as well as an FOMC preview and long term forecast.
After a prolonged period of muted volatility, the bitcoin price had a violent swing to the downside, clearing more open interest than the FTX collapse.
There is a divergence in the performance of equities and real yields in bonds. The effects of history’s swiftest tightening cycle are only starting to be felt.
The BlackRock ETF filing is a different bitcoin investment product than already exists on the market, but compares to a similar previous example: the GLD trust.