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Cryptocurrencies sliding in the face of rising US bond yields and overbought signals

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... Read More
Posted: Oct 5 2023, 08:57
Author Name: leaprate
Views: 112928

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