On Thursday, the U.S. two-year treasury yield, which mimics short-term interest rate and inflation expectations better than the 10-year yield, rose to a 22-month high of 0.87%. The short-term yield has more than doubled to 0.76% in the past quarter, according to TradingView. The yields may rise further if the U.S. non-farm payrolls data scheduled for release at 13:30 UTC on … [Read more...] about Bitcoin Slips To 3-Month Low, Analysts Divided on Impact of Fed’s Tightening
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Ethereum price spikes to a 3-month high above $4,000
Ether (ETH) returned to $4,000 on Sept. 3 for the first time since May as a solid week of gains culminated in a major price milestone.Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversal that rocked the cryptocurrency market roughly three months ago.In so doing, Ether broke out of its three-month trading zone, … [Read more...] about Ethereum price spikes to a 3-month high above $4,000
Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin
Ethereum's native asset Ether (ETH) has extended its rally on Sep. 1 to log multi-month highs against Bitcoin (BTC) and the United States dollar (USD).The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. Meanwhile, bids for ETH/USD climbed 3.4% to $3,546, the highest since May 18, showcasing a renewed upside sentiment in the second-largest … [Read more...] about Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin