CryptocurrencyBitcoin Holders Unfazed Among Economic Issues

Bitcoin Holders Unfazed Among Economic Issues


The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

As we’ve noted in previous Daily Dives and analyses, we’re far more concerned with the current macro environment and the scenario of a violent credit unwinding in the market relative to the state of on-chain indicators and health of the derivatives market. We’re anticipating more downside before more upside in the short to medium term. Although there have been signs of bitcoin responding positively to the rising uncertainty and geopolitical conflict (as seen by Russian and Ukrainian exchange volume and a premium on spot buying) — bitcoin as a safe haven asset — it has proven to be an asset to thrive on risk and liquidity.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Inflation’s slow grind down | Financial Times

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent...

Super Mario Sounds Exactly Like Chris Pratt—and That’s Fine

When Chris Pratt teased his upcoming role as gaming’s most iconic character, Mario, he called it “unlike anything...

Arrow Electronics Hosts Cycling Challenge To Raise Funds for Martin House Children’s Hospice

For the second year in a row, Arrow Electronics employees in the United Kingdom raised funds for Martin...

Another Trump Senate Candidate Has Been Condemned By The People Who Knew Him Best

Arizona Republican Senate candidate Blake Masters has been condemned by 75 of his classmates, teachers,...

A metal ion bath may make fibers stronger than spider silk

Super strong artificial silk? That’s so metal. Giving revamped silkworm silk a metallic bath may make the strands both...

Total Flood And Wind Losses From Hurricane Ian Range From $41 Billion To $70 Billion

CoreLogic, a global property data and analytics provider, today announced its updated and final damage estimates for Hurricane...

Must Read

2022 HCD Conference Preview: New Model For The Urban Medical Center

The 2022 Healthcare Design Conference + Expo  will...

Buried treasure of 44 Byzantine gold coins found in nature reserve in Israel

Excavators in Israel have discovered a trove of...
- Advertisement -

You might also likeRELATED
Recommended to you