{"id":500358,"date":"2022-08-29T17:00:37","date_gmt":"2022-08-29T17:00:37","guid":{"rendered":"https:\/\/wncen.com\/?p=500358"},"modified":"2024-06-11T14:23:08","modified_gmt":"2024-06-11T14:23:08","slug":"macro-hold-tightens-as-losses-spill-over-to-crypto-market","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/","title":{"rendered":"Macro Hold Tightens As Losses Spill Over To Crypto Market"},"content":{"rendered":"

The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise given that some of these companies, which are heavily involved in the macro market, also extended their investments to cryptocurrencies such as Bitcoin. Hence, when the macro environment affected these companies, crypto was affected. Even now, the influence continues to maintain hold.<\/p>\n

Losses Flow To Crypto<\/h2>\n

Over the last week, there have been some major happenings in regard to the economy. Fed Chair Jeremy Powell said that as the government tried to get the inflation rate under control, there would be a lot of \u201cpain\u201d coming to the market. The market had taken such grim forecasts and ran with them, triggering massive losses across the stock market.<\/p>\n

Related Reading: Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700<\/a><\/strong><\/em><\/div>\n

By the end of Sunday, the stock market had recorded $1.25 trillion in losses. For comparison, this number is much larger than the entire crypto market cap. The effects of Powell\u2019s speech would continue to be felt, with the Nasdaq losing 4% and the S&P losing 3.3%.<\/p>\n

\"Crypto<\/p>\n

Total market cap below $950 billion | Source: Crypto Total Market Cap on TradingView.com<\/a><\/pre>\n
The spillover from the losses was quickly felt in the crypto market. Crypto make losses had come to about $100 billion total in the same time period, dragging it down below the $1 trillion mark once more. Inflation rates did not help either, as it was reported at 2%. Furthermore, speculations are that there is a high chance that a 75-basis point rate hike would be coming in September.<\/p>\n
The crypto total market cap has now recovered to $931 billion at the time of this writing, after hitting a local low of $919 billion in the early hours of Monday.<\/p>\n
Looking To The Future<\/h2>\n
There has been a small recovery in the crypto market over the last few hours, but with the trading week opening up, there is still uncertainty regarding which way the market will swing. Powell\u2019s speech had come just ahead of the weekend, not giving the stock market enough time to absorb and regulate the news. This regulation is expected to happen this week.<\/p>\n
Related Reading: Worldwide Crypto Ownership Cross 320 Million, Here Are The Countries Leading The Charge<\/a><\/strong><\/em><\/div>\n
As for the expected increase in interest rates, like before, it is likely to trigger another downtrend as investors pull out money from the market. This trend is already being seen in the crypto market, where large investors have been pulling out of digital assets such as Bitcoin, leading to double-digit outflows.<\/p>\n
September has also been a historically red month for the crypto market. A good example was the market crash that happened at the beginning of September 2021. So if the market stays true to this trend, then there are likely more losses to come as September rolls around.<\/p>\n
Featured image from Finance Magnated, chart from TradingView.com<\/pre>\n
Follow <\/i><\/b>Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"
The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise given that some of these companies, which are heavily involved in the macro market, also extended their investments to cryptocurrencies such as Bitcoin. Hence, when the macro environment affected these companies, crypto was affected. Even now, the influence continues to maintain hold. Losses Flow To Crypto Over the last week, there have been some major happenings in regard to the economy. Fed Chair Jeremy Powell said that as the government tried to get the inflation rate under control, there would be a lot of \u201cpain\u201d coming to the market. The market had taken such grim forecasts and ran with them, triggering massive losses across the stock market. Related Reading: Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700 By the end of Sunday, the stock market had recorded $1.25 trillion in losses. For comparison, this number is much larger than the entire crypto market cap. The effects of Powell\u2019s speech would continue to be felt, with the Nasdaq losing 4% and the S&P losing 3.3%. Total market cap below $950 billion | Source: Crypto Total Market Cap on TradingView.com The spillover from the losses was quickly felt in the crypto market. Crypto make losses had come to about $100 billion total in the same time period, dragging it down below the $1 trillion mark once more. Inflation rates did not help either, as it was reported at 2%. Furthermore, speculations are that there is a high chance that a 75-basis point rate hike would be coming in September. The crypto total market cap has now recovered to $931 billion at the time of this writing, after hitting a local low of $919 billion in the early hours of Monday. Looking To The Future There has been a small recovery in the crypto market over the last few hours, but with the trading week opening up, there is still uncertainty regarding which way the market will swing. Powell\u2019s speech had come just ahead of the weekend, not giving the stock market enough time to absorb and regulate the news. This regulation is expected to happen this week. Related Reading: Worldwide Crypto Ownership Cross 320 Million, Here Are The Countries Leading The Charge As for the expected increase in interest rates, like before, it is likely to trigger another downtrend as investors pull out money from the market. This trend is already being seen in the crypto market, where large investors have been pulling out of digital assets such as Bitcoin, leading to double-digit outflows. September has also been a historically red month for the crypto market. A good example was the market crash that happened at the beginning of September 2021. So if the market stays true to this trend, then there are likely more losses to come as September rolls around. Featured image from Finance Magnated, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":500363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83386,3],"tags":[6664,10923,14690,1558,83892,86706,4707],"class_list":["post-500358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news","tag-crypto","tag-crypto-market","tag-crypto-news","tag-cryptocurrency","tag-cryptos","tag-macro-markets","tag-stock-market"],"acf":[],"yoast_head":"\nMacro Hold Tightens As Losses Spill Over To Crypto Market<\/title>\n<meta name=\"description\" content=\"The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macro Hold Tightens As Losses Spill Over To Crypto Market\" \/>\n<meta property=\"og:description\" content=\"The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-29T17:00:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:23:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400\" \/>\n\t<meta property=\"og:image:width\" content=\"880\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Macro Hold Tightens As Losses Spill Over To Crypto Market\",\"datePublished\":\"2022-08-29T17:00:37+00:00\",\"dateModified\":\"2024-06-11T14:23:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\"},\"wordCount\":495,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400\",\"keywords\":[\"crypto\",\"crypto market\",\"crypto news\",\"cryptocurrency\",\"cryptos\",\"macro markets\",\"Stock Market\"],\"articleSection\":[\"Crypto\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\",\"url\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\",\"name\":\"Macro Hold Tightens As Losses Spill Over To Crypto Market\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400\",\"datePublished\":\"2022-08-29T17:00:37+00:00\",\"dateModified\":\"2024-06-11T14:23:08+00:00\",\"description\":\"The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400\",\"width\":880,\"height\":400,\"caption\":\"macro and crypto\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Macro Hold Tightens As Losses Spill Over To Crypto Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/wncen.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Macro Hold Tightens As Losses Spill Over To Crypto Market","description":"The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/","og_locale":"en_US","og_type":"article","og_title":"Macro Hold Tightens As Losses Spill Over To Crypto Market","og_description":"The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise","og_url":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-08-29T17:00:37+00:00","article_modified_time":"2024-06-11T14:23:08+00:00","og_image":[{"width":880,"height":400,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/"},"author":{"name":"Best Owie","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Macro Hold Tightens As Losses Spill Over To Crypto Market","datePublished":"2022-08-29T17:00:37+00:00","dateModified":"2024-06-11T14:23:08+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/"},"wordCount":495,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400","keywords":["crypto","crypto market","crypto news","cryptocurrency","cryptos","macro markets","Stock Market"],"articleSection":["Crypto","Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/","url":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/","name":"Macro Hold Tightens As Losses Spill Over To Crypto Market","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400","datePublished":"2022-08-29T17:00:37+00:00","dateModified":"2024-06-11T14:23:08+00:00","description":"The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400","width":880,"height":400,"caption":"macro and crypto"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Macro Hold Tightens As Losses Spill Over To Crypto Market"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Macro Hold Tightens As Losses Spill Over To Crypto Market","url":"http:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400"},"articleSection":"Crypto","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","crypto market","crypto news","cryptocurrency","cryptos","macro markets","stock market"],"dateCreated":"2022-08-29T17:00:37Z","datePublished":"2022-08-29T17:00:37Z","dateModified":"2024-06-11T14:23:08Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Macro Hold Tightens As Losses Spill Over To Crypto Market\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/macro-hold-tightens-as-losses-spill-over-to-crypto-market\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/macro-and-crypto.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/macro-and-crypto.jpeg?fit=880%2C400\"},\"articleSection\":\"Crypto\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"crypto market\",\"crypto news\",\"cryptocurrency\",\"cryptos\",\"macro markets\",\"stock market\"],\"dateCreated\":\"2022-08-29T17:00:37Z\",\"datePublished\":\"2022-08-29T17:00:37Z\",\"dateModified\":\"2024-06-11T14:23:08Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/macro-and-crypto.jpeg?fit=880%2C400","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/500358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=500358"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/500358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/500363"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=500358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=500358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=500358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}