aphelio on Nostr: "In our empirical analysis, we find that Bitcoin is unresponsive to both monetary and ...
"In our empirical analysis, we find that Bitcoin is unresponsive to both monetary and macroeconomic news. In particular, the result that Bitcoin does not react to monetary news is puzzling as it casts some doubts on the role of discount rates in pricing Bitcoin."
- Federal Reserve Bank of New York
nyfed.org/3x8yTsE
Published at
2023-02-09 05:10:10Event JSON
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"content": "\"In our empirical analysis, we find that Bitcoin is unresponsive to both monetary and macroeconomic news. In particular, the result that Bitcoin does not react to monetary news is puzzling as it casts some doubts on the role of discount rates in pricing Bitcoin.\"\n\n- Federal Reserve Bank of New York\nnyfed.org/3x8yTsE",
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