News with the tag "Treasury Yields"

Bitcoin Faces Volatility as Treasury Yields Spike and Spot ETF Outflows Surge Bitcoin (BTC) has seen heightened volatility, dropping over 15% from its December high of $108,100. This decline, as highlighted in Bitfinex Alpha’s weekly report , is attributed to a sharp rise in U.S. Treasury yields, si...

Fundstrat’s Tom Lee says those who buy Bitcoin around $90,000 now won’t “lose money” over the long term.

The market sentiment index score hasn’t been in the “Neutral” zone since Oct. 14, when Bitcoin was trading around $63,000.

Bitcoin’s price fell 4.8% to $97,183.80 as a surge in U.S. Treasury yields spooked investors, leading to a broad decline in risk assets. According to Coin Metrics , the crypto market dropped over 5% , impacting major players like Coinbase and MicroStrategy, whose stocks fell 7% and 9% , respectively...

JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes further reductions are likely if the job market weakens. While some other Wall Street firms have adj...

Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stabili...

Over the past week, bitcoin and ethereum each gained 10% against the U.S. dollar. Several other crypto assets saw double-digit increases, with the meme token mog coin (MOG) leading the pack with a 54.9% rise. The week’s largest decliner was render token (RNDR), which fell by 7.19%. Top Crypto Perfor...

The 10-2 Year Treasury Yield Spread (I:102YTYS) has been inverted since July 7, 2022, marking the longest period of inversion in U.S. history at over two years, surpassing the previous record of 624 days set in 1978. An inverted yield curve occurs when short-term bonds yield more than their long-ter...

Economist Peter Schiff cautions against buying U.S. dollars or selling gold, citing rising Treasury yields as a result of the government’s failure to control the national debt and inflation. He notes the widening trade deficits, suggesting an unproductive economy will further weaken the dollar and i...

The finance industry just got a bit more interesting, and if you’re anything like me—someone who just loves knowing what is up the U.S. economy at all times—you’re going to want to pay attention. Treasury yields have decided to take a little hike, reaching levels we haven’t seen in the past couple o...