Bitcoin macro analysis — rigorous, sourced, unbiased
Understand why Bitcoin moves — daily macro analysis, without the noise.
Bitcoin Macro Score
Composite across 5 dimensions: liquidity · sentiment · on-chain · geopolitics · momentum
Weekly analysis
Bitcoin holds steady amid macro uncertainty: Fed in wait-and-see mode
## Weekly macroeconomic context The week of February 23, 2026 is characterized by a pause in major economic data releases, creating a holding pattern before imminent monetary policy decisions. The dollar index (DXY) remains around 105.2 points, reflecting relative stability after January fluctuations (Bureau of Economic Analysis). U.S. equity markets (S&P 500) trade in consolidation: +0.3% for th...
| 7-day net ETF flows | +$180M (Farside Investors) | Positif |
| MVRV ratio | 1.89 (Glassnode) | Neutre |
| Fed stance (real rates) | +2.2% (FOMC, BEA) | Neutre |
| Network hashrate | 830 EH/s ATH (Glassnode) | Positif |
| 6m+ holdings concentration | 67% non-mobilisé (Glassnode) | Positif |
Mid-week update
Week 22 · 2026Bitcoin slides amid higher rate expectations
Bitcoin trades at $75,476, down 1.57% in 24 hours, amid strengthening expectations for restrictive monetary policy. Volume remains solid at $38.8 billion, indicating adequate liquidity despite selling pressure. This correction follows recent Federal Reserve communications suggesting a less aggressive rate-cut cycle than initially priced in.
Daily flashes
2026-06-02Bitcoin declines 3.91% in 24h to $70,240 with $51.1B trading volume indicating moderate selling pressure. BTC dominance holds steady at 56.5%, suggesting a balanced market between Bitcoin and altcoins. Key technical support levels remain critical in the current macro environment.
Technical correction -3.91%Bitcoin closed the European session at $71,530, down 2.36% from the morning open of $73,259. Daily volume reached $34.8B, indicating moderate market activity. The day saw a notable correction without any major macro event identified.
-2.36% pullbackThematic topics
All topics →Bitcoin MVRV Ratio: Definition, Reading and Historical Signals
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On-chain · DataBitcoin on-chain indicators: MVRV, LTH Supply and network data
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