Bitcoin pays no interest. That single fact is the starting point for every link between interest rates and crypto. When a risk-free US Treasury bill pays almost nothing, holding a volatile asset with no yield costs you very little in missed income. When the same bill pays 4%, every dollar in bitcoin is a dollar … Read more
“Dollar down, bitcoin up” is one of the most repeated lines in crypto commentary. Before you add the DXY to your chart and start trading off it, it helps to know what the index actually is. It is not “the dollar.” It is the dollar against six currencies, and more than half of it is … Read more
At 8:30 a.m. Eastern Time on CPI day, bitcoin can cover a normal hour’s range in a few seconds. Then it often reverses, or keeps going, or does both before the US stock market opens at 9:30. If you have a position open into that minute, the question is not “will CPI be good or … Read more
