Market Analysis

While crypto prices dominate headlines, the U.S. 10-year Treasury yield is a key indicator of economic health that significantly impacts market sentiment and risk appetite, ultimately influencing the fate of assets like Bitcoin.

This article examines the so-called ‘crypto-Thanksgiving effect,’ questioning its validity as a market driver. It analyzes Bitcoin’s historical performance during the Thanksgiving period and discusses potential market patterns for the current year, concluding that the holiday itself has little direct impact on crypto prices.

Bitcoin’s Sharpe ratio has dropped below zero, a rare signal that historically preceded market recoveries in 2019, 2020, and 2022.

After weeks of declines, the crypto market shows signs of recovery with modest gains, though bitcoin struggles while ethereum and XRP lead the upside. Positive US economic data supports the market sentiment.

Macro economist Lyn Alden believes a major Bitcoin crash is unlikely in the short term due to a lack of market euphoria. While some predict a significant downturn, Alden remains optimistic for the medium term, forecasting a return to $100,000 levels by 2026 or 2027.

Secret central bank meetings, warnings from financial regulators, and a sharp crypto downturn are putting the global financial system under pressure. This analysis explores whether Bitcoin’s famous four-year cycle is broken and what structural shifts in interest rates and gold mean for investors.

Economist Peter Schiff warns that Bitcoin is transitioning from strong hands to weak hands as early adopters cash out, potentially leading to larger future sell-offs.

Crypto investment funds saw a massive outflow of $1.9 billion last week, marking one of the worst periods for capital flight since 2018. The exodus, led by Bitcoin and Ethereum funds, coincides with a sharp decline in Bitcoin’s price, which has fallen nearly 30% from its all-time high.

Bitcoin rallied over the weekend after a steep drop, but a CME gap suggests a potential short-term dip. Altcoins also posted gains.

Bitcoin’s price has recovered towards $87,000, but a sharp drop in open interest and fragile market structure suggest underlying weakness. Analysts warn of potential further volatility.