Bitcoin doesn’t give a fig about economic data
Pretty much every financial market trades on fundamental aspects. Even if those fundamentals don’t relate to economics, like the normal day to day data we trade on, there’s always story behind a moving market.
One of our readers asked what Bitcoin might do over NFP so I watched it. This might be old news to many but it did nada, nothing, zilcho.
Understanding how a market ticks and what drives it is important, and for most traders, we’ve got a lot still to learn about what actually drives crypto-currency prices and markets.