“The macro backdrop is transitioning from that of tightening to significant loosening, or at least this is what the market is predicting,” Bob Ras, co-founder of Sologenic, a blockchain-powered network for tokenizing securities, told CoinDesk. “Bitcoin and digital assets tend to lead the way in terms of anticipating these kinds of macro shifts, and this is why we’re seeing a pronounced rally in the crypto market.”
Source: https://www.coindesk.com/business/2023/03/14/us-inflation-slows-to-6-in-february-bitcoin-breaks-25k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines