Every move in bitcoin we have explained, newest first, with the evidence and the test each explanation had to pass.
−3.4% to $81,618
Bitcoin opened at its highest level since 7 October and fell more than 3% as Brent rose above $111. The reported channel runs from oil to inflation expectations to Fed pricing, which weighs on risk assets.
BPlausibleHeldRead the evidence and the testSealed 81ed30f69373
$77,839−4.23%
1 calls: 1 held, 0 failed, 0 open.
Each file stays exactly as published. The status shows how its test has fared.
The drivers behind most moves in bitcoin, and the trap in reading each one.
What the Federal Reserve is expected to do next, and how fast.
How fast prices are rising, and whether that is speeding up.
Wars, attacks and production decisions that change the oil price.
The strength of the dollar against other major currencies.
The interest rate the US government pays to borrow.
Money moving into and out of crypto through funds, exchanges and leverage.
How willing investors are to own volatile assets.
The session's material moves, their drivers and every call that came due. In your inbox every weekday morning. Free to read, one click to leave.
