I think my view on this and I have been holding this for quite some time, it depends on what camp you belong to. But even at a high level, you look at the numbers, the PC inflation number that Fed looks at, you see that since last Jan it is barely budging.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest