Hey geniuses,
We all saw the recent US inflation data, which came in weaker than expected, boosting expectations for a Fed rate cut in the near future. Traditionally, this is huge, positive news for high-risk assets like Bitcoin.
The strange thing is that we didn't see the usual decisive rise. It seems the world's largest cryptocurrency is still confined to a narrow range, facing significant resistance.
Personal Line :
I personally see this stability, despite the positive news, as a sign that Bitcoin is starting to behave like a mature financial system, less affected by instantaneous emotional movements. Perhaps the market has become deeper?
What is your interpretation of Bitcoin's "limited" reaction to news that would have caused a massive jump in previous cycles? Have the rules of the game changed?
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