Analyst: The cryptocurrency market is expected to improve in March and the panic will not last long

CoinRank News: Bitcoin prices recovered following the release of the PCE data, as optimism grew that macroeconomic conditions would ease next month. Julien Bittel, head of macro research at Global Macro Investor, brought good news to bulls when he spoke about the impact the macro environment could have on Bitcoin, saying: When financial conditions tighten, liquidity runs out and economic surprises start to slow. The panic that has affected the market will not last long, and it will all reverse next month. Financial conditions have improved rapidly over the past two months - the dollar has fallen, bond yields have fallen, and oil prices have fallen - which has laid the foundation for a recovery in the cryptocurrency market. (Cointelegraph)