Bitcoin and S&P 500 Eye Quarterly Loss as Bonds Look Most Attractive Since 2009
Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.
Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.
The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024.
The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
DOGE’s new-found stability reflects a lack of investor interest in trading alternative cryptocurrencies.
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank’s next policy meeting in November.