Crypto markets have been rangebound ever since the approval of Bitcoin ETFs arrived. A primary reason for the difficulty in ascending has been economic data points that have been dampening investor sentiments. In the same suit, a Bloomberg report highlighted that liquidity issues that been topping investors’ concerns lately, suggesting that the year ahead could be highly volatile. However, some positive indications for the market have kept sentiments mixed.
JP Morgan hints at a volatile year ahead
Bloomberg earlier reported that according to the annual survey of institutional traders by JP Morgan, volatile markets are expected to pose the biggest daily difficulty for a second year in a row. The most significant issue with market structure is access to liquidity, which is more important than data costs and regulatory changes.
US Jobs data suggests growth is well above expectations
According to Deloitte, the United States had a startling and unexpected surge in employment in January. C
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