Macroeconomics
Study of big economic variables: rates, inflation, GDP, dollar, money supply.
Macro drives crypto cycles more than project fundamentals. Key: Fed rate, DXY, M2, CPI, Yield Curve. Crypto = risk-on, thrives in easing macro, suffers in tightening.
In plain words
Interest rates, inflation, dollar strength, money supply, all macro. In crypto it often matters more than any single project's data. Cheap money (low rates) = crypto pumps. Expensive money (high rates) = crypto suffers. Watch the climate first, individual coins second.
Example
2020-21 (Fed 0%, M2 +25%): BTC 4kâ69k (17x). 2022 (Fed 0â4.5%): 47kâ16k. 2024 (cuts): 42kâ100k+. Crypto reacts to macro 3-6 months ahead.
Also known as: makro, macroeconomics