Macroeconomics

River, a Bitcoin-centric financial services firm, reported that Bitcoin now accounts for approximately 1.7% of a combined global money basket totaling around $138 trillion. The firm calculated that BTC's market capitalization reached roughly $2.4 trillion at its peak, representing about 1.7% of

According to Farside Investors, U.S. spot Bitcoin ETFs attracted $905.4 million across two trading sessions ending Sept. 5, with BlackRock's IBIT accounting for $571.4 million. Bitcoin held near $79,900, up roughly 0.5% over 24 hours, while futures open interest stood at $53.4 billion, according to

According to The Kobeissi Letter, Bitcoin and gold prices' 90-day correlation has risen to +0.50, nearly matching the 2020 pandemic high. The metric has more than doubled since the start of the year, marking a significant shift in asset correlation patterns.

According to Bitwise, on Sept 6, Bitcoin and gold's 90-day correlation reached a six-year high. Bitcoin surged 22.4% over one week, marking its largest weekly gain since March 2024, while gold rose approximately 5% and equities declined. The correlation pattern mirrors conditions from 2020, when

According to Cathie Wood on X this week, Bitcoin is decoupling from gold while companies embracing AI are accelerating job creation, signaling stronger real economic growth and a powerful deflationary cycle driven by technological progress. The market is still pricing according to the "old

Bitcoin's correlation with gold surged to approximately +0.50 over the past 90 days, marking its highest level since the pandemic and a six-year high, according to analysis from Bitwise Asset Management and Bloomberg data highlighted by The Kobeissi Letter. This shift coincided with the U.S.

Cathie Wood analyzed a recent U.S. employment report showing payrolls increased by 162,000 and household employment rose by over 500,000 in August. Wood noted the economy was performing well in August, suggesting these indicators could lead to a shift in inflation expectations and influence the

According to Cathie Wood's recent tweet, the investment manager highlighted that U.S. payrolls increased by 162,000 and household employment rose by over 500,000 in August. Wood noted that the strong employment indicators could influence inflation expectations and market dynamics, including the

Mark Yusko discussed how $25 trillion in debt buybacks could influence Bitcoin's price trajectory. He suggested this massive financial movement could act as a catalyst for significant price increases in Bitcoin. The insight, shared by influencer @cryptomanran, underscores the importance of

According to the Bureau of Labor Statistics, the US added 162,000 nonfarm payrolls in August, roughly triple the forecasted 56,000, with unemployment holding at 4.1% and labor force participation rising to 61.6% from a five-year low of 61.4%. This reversed July's narrative—when a revised gain of 21,

The U.S. economy added 162,000 jobs in August, nearly triple the 53,000 economists expected, while unemployment held at 4.1%, according to the Bureau of Labor Statistics report released Friday. Bitcoin fell from a four-month high of $82,240 to near $79,300 following the data release, as fed

According to Gate data, at today's U.S. market open, Nasdaq rose 0.02% while the Dow Jones declined 0.38% and S&P 500 fell 0.13%. Technology shares showed mixed movement, with Tesla down 3.5% as the U.S. August non-farm payroll figure exceeded

At 20:30 Beijing time on September 4, the U.S. Bureau of Labor Statistics released the August NFP employment report. The data showed that U.S. seasonally adjusted nonfarm payrolls increased by 162,000 in August, the highest level since March and well above the market expectation of 56,000. The unemployment rate held steady at 4.1%, in line with expectations. Meanwhile, July’s figure was revised up from an initial decline of 23,000 to an increase of 21,000. This much stronger-than-expected employ

According to data released by the Ministry of Land, Infrastructure and Transport on September 4, proceeds from digital asset sales used for residential purchases in South Korea totaled 148.5 billion Korean won from February 10 to July 31. The figure, spanning 1,688 transaction declarations with an a

According to Bitwise, bitcoin's 90-day correlation with gold surged above 0.5 through Aug. 31, marking only the second time since April 2015 that the metric reached this level; the previous peak occurred in 2020. The shift reflects growing investor hedging against currency debasement as U.S.

According to OeNB's recent policy announcement, research from a working paper by Martin Summer indicates that stablecoins backed by government debt could raise price levels by transforming public debt into spendable capacity. The central bank noted that monetary policy can counteract these

According to ChainCatcher, citing QCP Capital's latest market report, Bitcoin experienced sharp volatility as Federal Reserve rate hike expectations shifted dramatically. After Fed Chair Warsh's Jackson Hole speech, September rate hike odds spiked from 35% to 70%, triggering a 2.5% single-day BTC de