Are cryptocurrency returns predicted by macroeconomic factors?
Could you elaborate on the potential correlation between cryptocurrency returns and macroeconomic factors? Are there specific indicators, such as inflation rates, GDP growth, or interest rates, that tend to influence the performance of digital currencies? Are there any studies or data that support this theory? And if so, how do these macroeconomic variables actually impact the volatility and overall trends in the cryptocurrency market? It seems like a complex yet intriguing topic, and I'm eager to gain a deeper understanding of this potential relationship.