The world of cryptocurrency and blockchain technology is becoming increasingly complex as the industry continues to develop and evolve. With so many different factors influencing the price of digital assets, it can be difficult for traders and investors to keep up with the latest news and trends. This is why Cointelegraph Markets & Research has launched the new show ‘Macro Markets’, hosted by Marcel Pechman. Every Friday at 12 pm ET, the show will explain complex concepts in layman’s terms and focus on the cause and effect of traditional financial events on the day-to-day crypto activity.
In the show’s inaugural episode, Marcel discussed the impact of the U.S. Dollar Index (DXY) on cryptocurrencies and how the inflation-protected bonds exchange-traded fund (ETF) provides a much better estimate of traditional markets’ demand for fixed income. He invited viewers to experiment with the Treasury Inflation-Protected Securities (TIPS) ETF, a government debt instrument that benefits from higher inflation — hence, a better sentiment gauge on demand for risk assets, including cryptocurrencies.
The analyst also explained why the $15-billion Grayscale Bitcoin Trust (GBTC) trades on stock markets below the 630,000 Bitcoin (BTC) value held by the investment vehicle. Some analysts claim that the Bitcoin bull run will be unsustainable only until this indicator flips positive — an argument that Pechman refutes. To close the first Macro Markets show, the analyst explained in simple terms what a hawkish U.S. Federal Reserve is, how interest rate increases impact the economy and, ultimately, crypto markets.
The U.S. Dollar Index (DXY) is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. It is used to gauge the strength of the U.S. dollar against major currencies and can have a significant impact on the price of cryptocurrencies. A strong U.S. dollar is generally seen as a positive for the U.S. economy, but it can also have a negative impact on cryptocurrencies. This is because a strong dollar can make it more expensive to purchase cryptocurrencies, which can cause their prices to drop.
In addition to the U.S. Dollar Index, Marcel Pechman also discussed the Treasury Inflation-Protected Securities (TIPS) ETF. This exchange-traded fund is a government debt instrument that benefits from higher inflation. As such, it provides a better sentiment gauge on demand for risk assets, including cryptocurrencies. By investing in TIPS, investors can get a better understanding of how traditional markets are reacting to inflation and how this could impact the price of cryptocurrencies.
Finally, the analyst discussed the $15-billion Grayscale Bitcoin Trust (GBTC) and why it trades on stock markets below the 630,000 Bitcoin (BTC) value held by the investment vehicle. Some analysts claim that the Bitcoin bull run will be unsustainable only until this indicator flips positive — an argument that Pechman refutes. The analyst explained that the indicator is a lagging one and that the current Bitcoin bull run is likely to continue for some time.
The show ‘Macro Markets’ provides viewers with valuable insights into the complex world of cryptocurrency and blockchain technology. By focusing on the cause and effect of traditional financial events on the day-to-day crypto activity, the show helps viewers to better understand the markets and make more informed decisions. The show also explains complex concepts in layman’s terms, making it accessible to everyone.
If you are looking for exclusive and valuable content provided by leading crypto analysts and experts, make sure to subscribe to the Cointelegraph Markets & Research YouTube channel. Join us at Macro Markets every Friday at 12:00 pm ET.
Cryptocurrency and blockchain technology are rapidly evolving, and it can be difficult to keep up with the latest news and trends. The show ‘Macro Markets’ provides viewers with valuable insights into the complex world of cryptocurrency and blockchain technology. The show focuses on the cause and effect of traditional financial events on the day-to-day crypto activity and explains complex concepts in layman’s terms.
In the show’s inaugural episode, Marcel Pechman discussed the impact of the U.S. Dollar Index (DXY) on cryptocurrencies and how the inflation-protected bonds exchange-traded fund (ETF) provides a much better estimate of traditional markets’ demand for fixed income. He invited viewers to experiment with the Treasury Inflation-Protected Securities (TIPS) ETF, a government debt instrument that benefits from higher inflation — hence, a better sentiment gauge on demand for risk assets, including cryptocurrencies.
The analyst also discussed why the $15-billion Grayscale Bitcoin Trust (GBTC) trades on stock markets below the 630,000 Bitcoin (BTC) value held by the investment vehicle. Some analysts claim that the Bitcoin bull run will be unsustainable only until this indicator flips positive — an argument that Pechman refutes. To close the first Macro Markets show, the analyst explained in simple terms what a hawkish U.S. Federal Reserve is, how interest rate increases impact the economy and, ultimately, crypto markets.
The show ‘Macro Markets’ provides viewers with valuable insights into the complex world of cryptocurrency and blockchain technology. By focusing on the cause and effect of traditional financial events on the day-to-day crypto activity, the show helps viewers to better understand the markets and make more informed decisions. The show also explains complex concepts in layman’s terms, making it accessible to everyone.
In addition to the U.S. Dollar Index, Marcel Pechman also discussed the Treasury Inflation-Protected Securities (TIPS) ETF. This exchange-traded fund is a government debt instrument that benefits from higher inflation. As such, it provides a better sentiment gauge on demand for risk assets, including cryptocurrencies. By investing in TIPS, investors can get a better understanding of how traditional markets are reacting to inflation and how this could impact the price of cryptocurrencies.
Finally, the analyst discussed the $15-billion Grayscale Bitcoin Trust (GBTC) and why it trades on stock markets below the 630,000 Bitcoin (BTC) value held by the investment vehicle. Some analysts claim that the Bitcoin bull run will be unsustainable only until this indicator flips positive — an argument that Pechman refutes. The analyst explained that the indicator is a lagging one and that the current Bitcoin bull run is likely to continue for some time.
The show ‘Macro Markets’ provides viewers with valuable insights into the complex world of cryptocurrency and blockchain technology. By focusing on the cause and effect of traditional financial events on the day-to-day crypto activity, the show helps viewers to better understand the markets and make more informed decisions. The show also explains complex concepts in layman’s terms, making it accessible to everyone.
The show is a great resource for traders and investors looking to stay up to date with the latest news and trends in the cryptocurrency and blockchain industry. It provides viewers with an understanding of the complex relationships between traditional financial events and their impacts on the crypto markets. The show also provides viewers with an understanding of the impact of a strong U.S. dollar on the crypto markets, as well as the benefits of investing in Treasury Inflation-Protected Securities (TIPS) ETF.
If you are looking for exclusive and valuable content provided by leading crypto analysts and experts, make sure to subscribe to the Cointelegraph Markets & Research YouTube channel. Join us at Macro Markets every Friday at 12:00 pm ET. With the help of Marcel Pechman and the show ‘Macro Markets’, viewers can gain a better understanding of the complex world of cryptocurrency and blockchain technology.
