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Cryptocurrencies sliding in the face of rising US bond yields and overbought signals
Bitcoin was not the only cryptocurrency experiencing a decline. Ethereum also missed the mark, sliding below the $1,650 level. The global crypto market cap suffered a 0.89% blow, bringing its total value to approximately $1.08tn. Surprisingly positive results from the Job Openings and Labor Turnover Survey (JOLTS) strengthened 10-year bond yields, which are experiencing the […] The post Cryptocurrencies sliding in the face of rising US bond yields and overbought signals appeared first on LeapRat...
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Posted: Oct 5 2023, 08:57
Author Name: leaprate
Views: 112928