Inflationary Bear Market Spells Trouble – Bitcoin Magazine

Inflationary Bear Market Spells Trouble – Bitcoin Magazine

  • Bitcoin
  • September 3, 2022
  • No Comment
  • 1

Bitcoin Magazine Pro Banner

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, 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.

Rates On The Rise

Yesterday’s initial jobless claims data release came in below expectations, signaling a stronger labor market which is another “good news is bad news” signpost.

We can see some of these developments play out via the Eurodollar Futures curve where the market’s expected federal funds rate is steepening (more rate hikes), now expected to be over 4% in the second half of 2023. That’s in line with the Federal Reserve’s own projections that they’ve told the market:

Source link

Related post

Important To Teach People About Bitcoin – Bitcoin Magazine

Important To Teach People About Bitcoin – Bitcoin Magazine

This is an opinion editorial by Phil Snyder, professor, video director and editor. While first developing my Bitcoin course at the…
Check Bitcoin, Ethereum, XRP, Shiba Inu rates

Check Bitcoin, Ethereum, XRP, Shiba Inu rates

Today’s cryptocurrency prices: Check Bitcoin, Ethereum, XRP, Shiba Inu rates Sep 25, 2022, 03:16 pm 3 min read Ethereum’s value is…
bitcoin: Crypto week at a glance: Volatile week for Bitcoin; Ethereum loses sheen

bitcoin: Crypto week at a glance: Volatile week for…

The crypto market had a busy week, with most of the crypto assets showing a high degree of fluctuation. The world’s…

Leave a Reply

Your email address will not be published.