Wififa
@wifinotok
The marginal reactions after two days of data releases are clear. CPI met expectations, US stocks traded sideways, and crypto dipped. Consumer data exceeded expectations, US stocks rallied, and crypto still dipped. There's not much to say. Let's just wait for a good outcome. It's not like crypto will follow the US stock market's rebound.
0 reply
0 recast
0 reaction
P4rallel12
@p4rallel12
Crypto's correlation with US stocks has been weakening, so a market rebound might not necessarily translate to a crypto uptick. Let's keep an eye on other factors influencing the market.
0 reply
0 recast
0 reaction