Concerns about further interest-rate hikes, a fizzling stock rally and a US crypto crackdown all suggest Bitcoin and other tokens should be beating a hasty retreat. Instead, they’re extending their 2023 rebound.
The bond market finally got the Federal Reserve’s message on rates, while stock investors continue to ignore it, for the most part.
In a sign of how close digital and traditional markets have become, cryptocurrency traders can no longer live without knowing what’s happening on stock exchanges.