Definition ∞ A Macro Market Cycle describes the broad, overarching phases of expansion and contraction that affect an entire economic system or major asset class. These cycles are driven by fundamental economic forces such as interest rates, inflation, and economic growth. In digital assets, they refer to extended periods of growth followed by significant corrections.
Context ∞ The discussion surrounding the Macro Market Cycle in crypto news often involves analyzing the interplay between global economic conditions and the performance of digital assets. A critical factor influencing these cycles is the prevailing monetary policy of major central banks and the overall risk appetite of institutional investors. Understanding these larger economic movements is essential for comprehending long-term trends in the cryptocurrency market.