Bitcoin Falls 0.1% as Higher US Job Figures Fuels Fed Tightening Narrative
Market Analysis

Bitcoin Falls as Hot Job Numbers Fuel Hawkish Fed Policy

March 8, 2023 0

The U.S. ADP Nonfarm Employment Change for February beat expectations, coming in higher than the 200,000 estimates at 242,000, indicating that wage growth will likely contribute to continued aggressive tightening by the Fed. The ADP […]

Bitcoin

Why Layer 2 Protocols Matter

March 8, 2023 0

Like their L1 counterparts, L2 protocols generally have their own native token, which serves as an incentive to use the network. As an investor, I view a layer 2 as an investment in the infrastructure […]

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Ethereum

Bitcoin Belted by Rate Fears

March 8, 2023 0

Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell’s hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher “terminal rate.” Bitcoin dropped to […]