WorldPingBitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs.
This is a short WorldPing brief. The full report was published by CryptoSlate.
Read the full report at CryptoSlateMore coverage: all crypto & markets news on WorldPing.
WorldPingBitcoin Magazine Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb Treasury yields soared on Wednesday to their highest level since 2007 while bitcoin’s price slumped.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingA rebound in oil, the strongest U.S. business survey in five years and a poorly received five-year note sale pushed borrowing costs higher, with DOGE leading token losses.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingTrump-linked investment accounts spent the early summer unloading shares of Strategy (Nasdaq: MSTR), the world’s largest publicly traded corporate holder of bitcoin. Then, with the stock badly beaten down, the accounts turned around and bought it back.
Brief by WorldPing · Original reporting by Bitcoin.com
Japanese 10-year government bond yield rose to a 30-year high on Thursday, following a surge in Treasury yields.
Brief by WorldPing · Original reporting by CNBC World
Government debt costs leaped higher Wednesday, the product of multiple factors.
Brief by WorldPing · Original reporting by CNBC World
Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Federal Reserve rate hikes.
Brief by WorldPing · Original reporting by CNBC World
WorldPing