Bitcoin’s usual lifeline is failing as a bond market warning puts $80,000 at risk
By Gino Matos
Bitcoin briefly lost the $81,000 footing on Oct. 22, while the Nasdaq lost more than 2%, spot gold dropped about 2.7% to $4,025, and silver sank about 5.8% to near $54.63. The 10-year Treasury yield fell from 5.146% to below 5%, marking its biggest one-day drop in more than two years. Brent crude hit an… Read the full…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCrude oil
Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.
Oil prices feed into fuel, transport and goods costs, and so into inflation.
More about Crude oilMore in Finance
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