| Time | Details |
|---|---|
| 2024-08-02 18:00 |
U.S. Market Yields Plummet Amid Poor Job Reports
According to CryptoMichNL, U.S. market yields are dramatically falling due to unexpectedly poor job reports. This has caused slight panic across the markets, which are now pricing in a significant recession for the U.S. Confirmed rate cuts for September are anticipated as a response. (Source) |
| 2024-09-12 13:53 |
Market Sentiment and Economic Factors Impacting Bitcoin
According to @satoshiheist, key factors currently impacting the cryptocurrency market include widespread shorting in the crypto community, Bitcoin's resilience despite unfavorable macroeconomic data, and concerns about a potential recession akin to 2008. Additionally, upcoming fiscal spending from a new US president, anticipated rate cuts in a non-recessionary economy, and the yet-to-begin quantitative easing (BRRRR) are notable. These elements suggest that many market participants are preparing for significant economic shifts. (Source) |