20 Dec 2022
A roller coaster week, sponsored by the CPI and FOMCThe last week was a hectic macro week, with Bitcoin’s price movements being heavily influenced by the CPI release and FOMC. Will volatility settle as we approach the Holiday season?
Volatility revisited the market last week, as BTC (-2%) has touched both December highs and December lows in the past seven days in a week heavily influenced by macro events. ETH (-5%) followed BTC closely in the past week, seeing slightly more downside while moving in a tightly correlated pattern.We cover macro and Grayscale in detail, in this eight edition of our new market report, "Ahead of the curve".