Live updates: Bitcoin continues lower as bond yields take center stage

Live updates: Bitcoin continues lower as bond yields take center stage

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

“The dilemma,” wrote Jeff Gundlach, founder of fixed-income management giant Doubleline Capital.

“If the Fed hikes it will worsen the interest expense problem (since so much borrowing is at the short end).

If the Fed cuts it will worsen the inflation problem.” Bitcoin (BTC) is trading at $83,500 two hours prior to the U.S.

market open, down 2.55% over the past 24 hours.

Ether (ETH) and solana (SOL) are down closer to 3%, and XRP (XRP) is lower by 7.5%.

stock index futures are pointing to a second day of declines, the Nasdaq down 0.9% and the S&P 500 off 0.5%.

The bond market is steady early Thursday following yesterday’s plunge that saw the U.S.

10-year Treasury yield surge nearly 20 basis points to its highest level in more than 19 years.

Thursday will bring Initial Jobless Claims, which are expected to continue showing extreme strength in the U.S.

Analiz: Piyasa hareketliliği devam ediyor.