Bitcoin price action and the crypto markets’ structure is beginning to mirror the pre-bull run activity seen in previous years, according to Delphi Digital.
Category: ISM
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‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run.
Fed liquidity injections drive down US Treasury yields, but not Bitcoin price
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish.
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The US Federal Reserve is making some analysts bullish on Bitcoin again
Recent U.S. economic data could spoil the Fed’s hawkish plans for 2022.
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US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst Says
The US manufacturing activity has plunged to a record low, indicating that the country has entered into a deeper recession. “This recession is the quickest deterioration in economic activity ever recorded,” an economist explained. This data is accompanied by collapsing global demand, ongoing supply chain disruptions, and high levels of uncertainty. US Manufacturing Activity Nosediving […]
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