Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
Submitted by Anonymous (not verified) on Thu, 03/14/2024 - 18:20U.S. economic data on Thursday has sent rates and the dollar higher.
U.S. economic data on Thursday has sent rates and the dollar higher.
U.S. economic data on Thursday has sent rates and the dollar higher.
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed's willingness to begin cutting rates.
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed's willingness to begin cutting rates.
The activist investor has previously mostly steered clear of any involvement in crypto.
The activist investor has previously mostly steered clear of any involvement in crypto.
So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot
So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot
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