With Fed Rate Hike Pause, Is the Tide Finally Turning?

Written by ulriklykke | Published 2023/06/15
Tech Story Tags: crypto-news | bitcoin | financial-markets | inflation | crypto | cryptocurrency | finance | regulation

TLDRThe latest US CPI figures came in at 4% year-on-year, recording the lowest reading since March 2021. The crypto market liquidity dropped by close to 4% on Wednesday, signalling fatigue and the effects of SEC lawsuits against Binance and Coinbase last week. Binance.US's woes seem to be far from over. Although a US judge recently denied the SEC's request to freeze funds, this has not stopped market makers from fleeing the troubled exchange.via the TL;DR App

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Written by ulriklykke | Author of the Bitcoin Global Macro, a newsletter focusing on digital assets, macro insights & investment ideas.
Published by HackerNoon on 2023/06/15