Rising Treasury Yields Put Recent Bitcoin Rally Under Pressure
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
Economy: Straight down - Bitcoin retreated today Thursday, to remain under pressure in the face of the worsening conflict between the United States and Iran and the rising revenue from US Treasury bonds...
Economy - Escalating tensions between the US and Iran in the Strait of Hormuz and rising US Treasury yields have triggered sharp sell-offs in the cryptocurrency market.
Rising oil prices and increasing US bond yields have intensified selling pressure in the cryptocurrency market. The escalation of the US-Iran conflict around the Strait of Hormuz, coupled with rising energy prices, has fueled concerns that inflation could be persistent and that the Fed may tighten its monetary policy.
Rising Treasury Yields Put Recent Bitcoin Rally Under Pressure
Bitcoin faced renewed selling pressure as Treasury yields climbed, highlighting the crypto's sensitivity to macroeconomic factors and upcoming data releases. The post Rising Treasury Yields Put Recent Bitcoin Rally Under Pressure appeared first on citybuzz.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
