Read macro-driven crypto news linking Bitcoin and digital assets to rates, inflation, liquidity, geopolitics, and global markets.
Both of the two big US report that landed this week have a blind spot that makes it harder to tell a healthy consumer from a squeezed one.
Bitcoin faces liquidity pressure if private credit stress tightens bank funding lines and drains risk appetite.
Bitcoin will trade through the weekend while oil futures, Treasuries, and US equities remain closed, making it the first global risk asset forced to absorb Hormuz developments.
China has found a way to keep its factories busy without fixing the economy at home: sell more goods abroad.
BTC must absorb selling from older and newer investors before challenging nearly $4.5 billion in call open interest between $70,000 and $80,000
BTC jumped after a softer CPI report, though escalating US-Iran hostilities could revive inflation and rate concerns.
Fed Chair Kevin Warsh faces the House Financial Services Committee 90 minutes after the June CPI release, and his interpretation of the data will carry more weight than the data.
Bitcoin faces a 7.5-hour macro stress test as CPI, Fed testimony and renewed Hormuz enforcement threaten to redraw the path around $62,000.
Polymarket odds imply only a 3% chance that Hormuz traffic returns to normal by July 31 as crude approaches $80 a barrel.
