Market Cap: $2,206,520,774,641
24h Vol: $44,864,957,496
Cryptocurrencies: 29428
Markets: 111487
Cryptocurrencies: 29428
Markets: 111487
Market Cap: $2,206,520,774,641     
24h Vol: $44,864,957,496
CryptoGlobe 2023-02-09 10:06:00

‘Bitcoin Is Unresponsive to Both Monetary and Macroeconomic News’, Claims NY Fed Report

‘Bitcoin Is Unresponsive to Both Monetary and Macroeconomic News’, Claims NY Fed Report
The New York Federal Reserve has released a report on the impact of macroeconomic news on the price of cryptocurrencies, specifically Bitcoin. The 31-page New York Fed report #1052 (titled “The Bitcoin-Macro Disconnect“) was co-authored by Dr. Gianluca Benigno, the head of International Studies within the Monetary Policy Research Division of the New York Fed,
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