Economic Uncertainty Is Impacting Bitcoin Price Today


The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

The FRED Equity-Related Economic Uncertainty Index reached its sixth-highest reading ever today, as liquidity continues to dry up for risk assets. Spikes in this index typically coincide with significant drawdown periods in the S&P 500 Index.

Bitcoin’s monetary competition is flailing as evidence mounts that the “everything bubble” will soon pop.

FRED equity market-related uncertainty corresponds with S&P 500 drawdown.

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