SignalPlus Macro Analysis: The macro economy is good, but BTC suddenly plummeted to $59,000
Japan's labor cash income announced this morning exceeded expectations year-on-year, with wage growth being one of the recent market focuses. In terms of cryptocurrency, BTC dropped from its historical high of 69,000 to 59,000 in a matter of minutes, with rumors suggesting this was due to a long-dormant wallet starting to transfer its held assets to Coinbase, cashing out at a mining cost of $0.28.