Bitcoin & Economic Outlook: Key Trends Impacting Markets | Bitfinex Alpha No.141

Bitcoin & Economic Outlook: Key Trends Impacting Markets

Bitcoin continues to trade within a range as geopolitical tensions persist, while the US job market shows early signs of softening, with a slowdown in job growth and rising unemployment claims.

What this means for Bitcoin prices is becoming highly nuanced.

While wage gains remain strong and consumer spending is still robust, trade tensions between the US, Canada and other trading partners is contributing to an atmosphere of economic uncertainty.

For a quick update on these developments and their market impact, watch our review video below and read the full Bitfinex Alpha here:
https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-btc-behaving-more-as-risk-on-asset-less-as-store-of-value/