Daily News | Bets Are In As PPI, CPI, And FOMC Incoming, Equity Indices Correlations With BTC Returned to Positive
Autor(a):Gate.io Researcher: Peter L.
09 December 09:43
Crypto markets rose Thursday following a sudden recoup of losses in US equity markets. Bitcoin and Ether’s correlation coefficients with global equity indices returned to positive. Traders are now awaiting key inflation figures, such as the PPI today and CPI next Tuesday, before the Feds interest rate decision on Wednesday.