“Price reaction to macro data hasn’t been as significant in the last few weeks,” Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. “I think mostly, same as equities, everyone feels like a lot of the macro moves are baked in. A lot of what we’ve seen in the last even 24 hours, though, is much more attributable to things specific to the digital asset space.
Source: https://www.coindesk.com/markets/2023/05/12/first-mover-asia-bitcoin-regains-27k-but-investors-search-for-a-catalyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines