| Time | Details |
|---|---|
| 2024-07-12 16:35 |
Lower CPI and Potential Rate Cuts Boost Bitcoin Sentiment
According to CryptoMichNL, the Consumer Price Index (CPI) came in lower than expected, which has increased the likelihood of rate cuts in September. This has caused the 2-year yields on Treasury bonds to fall to their lowest level since March 11th. Bitcoin, which peaked at $73K during that period, is currently trading at $58K due to recent sell-offs. (Source) |
| 2024-07-31 13:04 |
ADP Non-Farm Employment Change Misses Expectations; Bitcoin Steady Ahead of FOMC Meeting
According to CryptoMichNL, the ADP Non-Farm Employment Change came in at 122,000, falling short of the expected 147,000. This negative miss has been a recurring trend. The U.S. Dollar Index (DXY) has declined, while Bitcoin remains unchanged. The market is now anticipating the FOMC meeting tonight, which may provide news regarding potential rate cuts. (Source) |
| 2024-07-31 16:00 |
FOMC Meeting May Impact Bitcoin Rally
According to @CryptoMichNL, the upcoming FOMC meeting at 8.00 PM CET is expected to be a non-event with no immediate changes. However, traders should focus on future guidance, particularly the potential for rate cuts in September. If rate cuts are indicated, it could lead to a fall in yields and a subsequent rally in Bitcoin. (Source) |
| 2024-08-02 16:00 |
Impact of Rate Cuts on Crypto Markets and U.S. Economy
According to CryptoMichNL, the recent rate cuts are expected to positively impact the crypto markets by increasing liquidity. However, he warns that this increase in liquidity could ultimately destabilize the system. He also highlights that the U.S. economy is facing significant challenges, and these rate cuts are indicative of underlying economic weaknesses. (Source) |
| 2024-08-02 18:00 |
U.S. Market Yields Plummet Amid Poor Job Reports
According to CryptoMichNL, U.S. market yields are dramatically falling due to unexpectedly poor job reports. This has caused slight panic across the markets, which are now pricing in a significant recession for the U.S. Confirmed rate cuts for September are anticipated as a response. (Source) |
| 2024-08-05 10:02 |
Richard Teng: Market Drops Influenced by Macroeconomic Factors, Not Long-Term Trends
According to Richard Teng, the recent sharp drops in cryptocurrency and equity prices are driven by macroeconomic factors and should not be seen as indicative of a long-term negative trend. He emphasizes that potential Federal Reserve rate cuts and ongoing geopolitical volatility could lead to significant market fluctuations. (Source) |
| 2024-08-05 16:00 |
CryptoMichNL Predicts Stimulus Measures and Recommends Buying Bitcoin and Altcoins Dip
According to CryptoMichNL, the current market situation can be compared to historical crashes such as the FTX Crash, COVID-19 Crash, and Chinese Crash in 2017. Despite heavy volatility, similar to Black Monday in Japan in 1987, the market is expected to be buoyed by quantitative easing (QE) and rate cuts. Traders are advised to buy the dip in Bitcoin and Altcoins as stimulus measures are likely to push the market bubble forward. (Source) |
| 2024-09-06 11:40 |
Optimal Economic Conditions for Rate Cuts
According to @GreeksLive, the ideal scenario for economic conditions is a balance where job growth is between 150k-200k. A stronger job market might hinder potential rate cuts, while a weaker job market could indicate underlying economic weaknesses. Traders should monitor employment data closely as it could influence interest rate decisions and market movements. (Source) |
| 2024-09-12 13:53 |
Market Sentiment and Economic Factors Impacting Bitcoin
According to @satoshiheist, key factors currently impacting the cryptocurrency market include widespread shorting in the crypto community, Bitcoin's resilience despite unfavorable macroeconomic data, and concerns about a potential recession akin to 2008. Additionally, upcoming fiscal spending from a new US president, anticipated rate cuts in a non-recessionary economy, and the yet-to-begin quantitative easing (BRRRR) are notable. These elements suggest that many market participants are preparing for significant economic shifts. (Source) |
| 2024-09-17 14:00 |
Impending FOMC Rate Cuts: Bitcoin and Gold Recommended
According to CryptoMichNL, the upcoming FOMC announcement on September rate cuts is crucial. He predicts that the rate cuts will occur sooner than expected due to worsening labor markets and economic conditions. Bitcoin and Gold are suggested as the assets to hold in this scenario. (Source) |
| 10:00 |
Potential Rate Cuts Could Boost Ethereum and DeFi
According to @CryptoMichNL, if interest rates decrease, there could be a significant boost to DeFi and consequently Ethereum ($ETH). He does not believe that today marks the bottom for ETH, but is optimistic about Ethereum's performance once the Federal Reserve starts cutting rates. Currently, the chart for ETH looks unfavorable. (Source) |
| 14:00 |
Rate Cuts Expected to Increase Volatility and Boost Bitcoin and Ethereum
According to @CryptoMichNL, today is likely the day that rate cuts will begin. He expects increased volatility and advises against trading during these events unless you are a very active trader. Post-event, he anticipates an upward trend for Bitcoin and Ethereum. (Source) |