marc chandler

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Bitcoin Hovers Around $28K as Options Worth Billions of Dollars Expire
Bitcoin BTC is under pressure on Friday as options worth billions of dollars expired and some traders took bearish bets on the cryptocurrency's Ethereum based wrapped version WBTC Bannockburn Global Forex Chief Market Strategist Marc Chandler shares his crypto markets analysis and the impact the ongoing banking crisis may have on the U S Federal [...]
CoinDesk - Unknown

CoinDesk - Unknown
Bitcoin Hovers Around $28K as PCE Rose 0.3% in February
Bitcoin is trading around $28,000 as the PCE price index, the Federal Reserve's preferred inflation gauge, increased 0.3% in February. Bannockburn Global Forex Chief Market Strategist Marc Chandler weighs in on the state of inflation in the U.S. and how current macroeconomic conditions could impact the crypto market.
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CoinDesk - Unknown
Bitcoin Slips From $20K Following US Jobs Report
Nonfarm payrolls rose 263,000 last month while the unemployment rate fell to 3.5%, according to the Labor Department’s latest jobs report. Bannockburn Global Forex Managing Director Marc Chandler discusses the implications for the crypto markets and global finance. Plus, bitcoin (BTC)’s correlation with gold hits its highest level in over a year.
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CoinDesk - Unknown
Crypto Markets Outlook Amid Signs Inflation May Have Peaked
BTC, ETH, and other major cryptos continue to climb higher over the past month as investors respond favorably to the latest U.S. economic indicators, suggesting the worst of inflation is behind us and the global economy may not plummet into a steep recession.
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CoinDesk - Unknown
US Economy Added 372K Jobs in June, Defying Recession Fears
The U.S. Labor Department reported that employers added 372,000 jobs in June, exceeding expectations, and the unemployment rate remained steady at 3.6%. Bannockburn Global Capital Markets Chief Market Strategist Marc Chandler discusses the impact of the June job report on the crypto markets and correlation to equities.
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CoinDesk - Unknown
Crypto: Risk Asset or Inflation Hedge?
Marc Chandler, Bannockburn Global Forex managing director and chief market strategist, shares his analysis on the current state of the crypto markets amid rising fears of an impending recession and the declining purchasing power of wages.
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CoinDesk - Unknown
Are Inflation Fears Driving the Crypto Markets?
Fear of inflation has been cited as a major reason for bitcoin’s bull run, and corporate treasurers have claimed they’re adding bitcoin to the balance sheet to provide a hedge against the dollar.
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Money printer
Crypto Won't Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
Money printer

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Does the Rise of Bitcoin Signal the Decline of the Dollar?
As bitcoin’s valuation soars, some in the crypto world believe the U.S. dollar is on the decline, but Marc Chandler, of Bannockburn Global Forex, disagrees. Chandler explains his position in the crypto vs. fiat debate, why he sees crypto as “private fiat,” and how CBDCs will change the crypto ecosystem.
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CoinDesk - Unknown
Will Bitcoin Replace the US Dollar as the World’s Reserve Currency?
Marc Chandler, chief market strategist at Bannockburn Global Forex and author of “Making Sense of the Dollar,” joins CoinDesk markets reporter Omkar Godbole to discuss the trend in the dollar, bitcoin and gold and whether the dollar would be replaced by bitcoin as the global currency reserve.
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