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CryptoGlobe 2023-02-09 10:06:00

‘Bitcoin Is Unresponsive to Both Monetary and Macroeconomic News’, Claims NY Fed Report

The New York Federal Reserve has released a report on the impact of macroeconomic news on the price of cryptocurrencies, specifically Bitcoin. The 31-page New York Fed report #1052 (titled “The Bitcoin-Macro Disconnect“) was co-authored by Dr. Gianluca Benigno, the head of International Studies within the Monetary Policy Research Division of the New York Fed,

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