Macro Factors Take Over as Bitcoin Pauses 💬
Faced with escalating macroeconomic and geopolitical pressures—including fears of nuclear conflict and trade disruptions—Bitcoin saw a modest dip of roughly 3.5% last week. Despite the broader market turbulence, it stabilized around $105K. While the crypto space takes a breather, Ether outperformed by gaining approximately 6% relative to Bitcoin. Volatility declined, with Bitcoin’s 7-day implied volatility easing from 46% to 39%, and risk sentiment turning more neutral. The focus now shifts to upcoming labour and central bank reports, including U.S. jobs data and an ECB rate cut, which could influence both macro and crypto markets.
