Crypto market drops after positive jobs report becomes fundamental new paradigm, explains WClementeIII btc eth shiba doge xrp cardano sol crypto
According to the analyst, the market's negative reaction to a positive change in such a key economic indicator is a consequence of the new paradigm of markets, especially as high-risk as cryptocurrencies markets. The catch, Clemente explains, is that we have reached a point where bad economic news is good news for the markets and vice versa.
Good reports on the new paradigm, which is ruled by the dreaded word"recession" and record inflation, means that the U.S. Federal Reserve still has room to tighten monetary policy, which is bad for markets.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bloomberg Crypto: Who and How To Regulate Crypto on Apple Podcasts🎧 Who is planning on regulating the digital asset industry? And what would that even look like? Bloomberg’s Allyson Versprille joins Crypto to discuss the latest in US Crypto regulation Apple: Spotify:
Leer más »
US Senate Bill Will Give CFTC Crypto Market Oversight – but Doesn't Say How MuchA new bill in the Senate Agriculture Committee would give the CFTC clearer jurisdiction over some cryptocurrencies – but it stops short of specifying how wide this jurisdiction actually is. jesseahamilton reports
Leer más »
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEOThe White Rock CEO noted that companies who have managed their balance sheets effectively will have fared well through the bear market, and will continue to do so even if there’s more volatility to come.
Leer más »
Crypto Markets Recover $40B as FLOW Explodes 60% Daily (Market Watch)FLOW is the most significant gainer in a day after Meta integrated the Flow blockchain.
Leer más »
New crypto oversight legislation arrives as industry shakesCrypto investors have seen prices drop and companies crater with fortunes and jobs disappearing. Some firms have been accused by federal regulators of running an illegal securities exchange.
Leer más »
Japan may see a reduced 20% tax on crypto earnings with new proposalSome potential relief for Japanese hodlers. Two prominent crypto advocacy groups in Japan have released a tax reform request that calls for lowering taxes for individual investors on crypto earnings. (Reporting via _prashantjha)
Leer más »