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In today’s briefing:
- Crypto Crisp: Crypto vs. Macro
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Crypto Crisp: Crypto vs. Macro
- It comes as no surprise that we have been bearish on the crypto market in recent weeks.
- However, the market seems indifferent to our stance.
- The softer-than-expected US Consumer Price Index (CPI) report last Wednesday boosted risk-on assets, particularly cryptocurrencies, while the prospect of improved liquidity conditions in the economy is also set to benefit the crypto market.