Cryptocurrency analytics firm Alphractal has released a report that explores the impact of macroeconomic changes, specifically the decline in the Effective Federal Funds Rate (EFFR), on Bitcoin and altcoins. The report highlights the historical correlation between declining EFFR levels and major economic events, suggesting that changes in U.S. monetary policy could potentially influence Bitcoin's price dynamics with some delay. It emphasizes the importance of monitoring both macroeconomic metrics and crypto-specific indicators to predict market movements, stating that market reactions may take months to adjust to EFFR changes. The report also provides data on the bullish sentiment in the market and the long/short ratios for Bitcoin and altcoins. It concludes by examining whale interest in specific assets.



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