Crypto Investors Hedging Risk Ahead Of March Rate Hike By Cointelegraph

Glassnode’s on-chain data analysis shows that (BTC) investors are hedging their risk in order to stay protected against the US Federal Reserve’s interest rate hikes in March.

Glassnode’s “The On-Chain Week” newsletter from Monday indicates that the most significant trend in Bitcoin at the moment is the flat structure of futures contracts through March. This is strongly attributed to “investor uncertainty regarding the broader economic impact of a tighter US dollar.”

Continue reading on Coin Telegraph

Warning: Merged media would like to remind you that the data contained in this site is not necessarily in real time or exact. All prices for CFDs (stocks, indices, futures) and Forex are not provided by exchanges but rather by market makers, and therefore prices may not be accurate and may differ from the actual market price, which which means that the prices are indicative and not suitable for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur due to the use of this data.

Merged media or anyone involved with Fusion Media will accept no liability for any loss or damage resulting from reliance on the information, including data, quotes, charts and buy/sell signals contained in this website . Please be fully informed of the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investment possible.