Macro

Bitcoin fails to sustain $85,000 breakout, and bond yield spikes are blamed

Bitcoin erased a brief rally above $85,000 on Sept. 30, slipping back below $84,000 after fresh US inflation data as…

1 month ago

Bitcoin could react to new 40M barrel US oil sale before a single barrel is delivered

The US Department of Energy has opened an exchange for up to 40 million barrels of crude from the Strategic…

1 month ago

Bitcoin could put the average ETF buyer back in losses this week

Bitcoin registered an intraday low of $82,775.94 on Sept. 29 before rebounding above $83,000, close to a price that could…

1 month ago

Bitcoin drops to $82,000 on US data, and inflation fear is blamed

US job openings cooled modestly in August, but September households grew more worried about inflation and interest rates. That split…

1 month ago

Bitcoin’s $85,000 test comes as Wall Street gets two different inflation stories

Bitcoin hit an intraday low of $82,563 on Sept. 28, just below a concentration of long-term holders' purchase prices that…

1 month ago

Bitcoin dips below $83,000 to start the week as Asia markets sell, extending last week’s retreat

Bitcoin slipped below $83,000 during Monday's Asia session, moving beneath the lower edge of the $83,000 to $85,000 range reported…

1 month ago

A $202 billion US Treasury settlement hits September 30, and it could trigger a surprise move in Bitcoin

A $202 billion U.S. Treasury coupon settlement on Sept. 30 will test overnight financing at quarter-end. The Federal Home Loan…

1 month ago

Washington has $114 billion reasons to want Tether around

Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatiable…

2 months ago

Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage

Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark…

2 months ago

Why surging US real yields are quietly forcing Bitcoin under $84,000

Bitcoin registered an intraday low at $83,500 on Sept. 23, the same day the US 10-year Treasury yield closed at…

2 months ago

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