News list for " despite macro"

Zach Pandl, head of research at Grayscale, said the price outlook remained "structurally bullish" despite temporary headwinds in macroeconomic data. On January 10, the US jobs report was positive, as the expected pace of interest rate cuts slowed, the dollar rose, and the BTC spot price fell below $93,000. Pandl said: "Bitcoin appears to be subdued by the strength of the dollar, which is rising due to the tougher policy of the Federal Reserve and the threat of tariffs. Today...

2025-01-10 20:16:59