Investors will be looking for continued signs of a cooling employment market and slowing growth, which would suggest inflation is waning and possibly buoy risk-on asset markets, although cryptos have been largely immune from significant macroeconomic events. Hot jobs data, which typically accompanies rising prices, has been a particular concern for the U.S. central bank, which raised the interest rate 25 basis points (bps) last Wednesday.
Chicago Mercantile Exchange (CME) Plans to Launch Spot Bitcoin Trading: FT
“Crypto exchanges might lose some business with the potential debut of a bitcoin spot market on the CME, a global...