Opening Bell - Issue 11
Research29 April 2024Copper
Prepare for the week with key data points and trends in the digital asset marketplace.
The latest issue of the Opening bell newsletter includes:
•Bitcoin ETF sellers in the market have become less enthusiastic about parting with their cryptocurrency, possibly holding out for the right price.
• Negative funding rates have shifted markets into wobbly territory, with potential sideways movements for the foreseeable future.
• Traditional finance continues its integration, with Stripe returning to the table after a six-year hiatus.
• Fear grips global markets as they face the ramifications of sticky inflation, high rates, and collapsing currencies due to actions by the US Federal Reserve.