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Market Wrap: Cryptocurrencies Decline With Equities, Traders Remain Cautious

Bitcoin supply held by addresses (Delphi Digital)

Most cryptocurrencies traded lower on Tuesday as rising bond yields continued to weigh on U.S. equities. As investors reduce their appetite for risk, the most speculative areas of global markets have been hit the hardest.For example, the Nasdaq 100 is down about 5% from its all-time high, compared with a 4% drawdown in the S&P 500 and a roughly 37% drawdown for BTC. … [Read more...] about Market Wrap: Cryptocurrencies Decline With Equities, Traders Remain Cautious

Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves

Bitcoin, S&P 500 correlation (CoinDesk)

Bitcoin rose toward $43,000 on Tuesday and is up about 3% over the past 24 hours. Several alternative cryptocurrencies (altcoins) such as MATC and FTM were up about 14% over the same period, suggesting a greater appetite for risk among investors.It appears that bullish sentiment is starting to return to both crypto and equity markets, at least over the short term. Technical … [Read more...] about Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves

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Recent Posts

  • Using Samsung Galaxy A14 5G Smartphone for VRSC Crypto Mining
  • Dual Mining Karlsen (KLS) and ZIL Plus Autoconversion to Bitcoin
  • The Urlacher Makes a Full S19k Pro 115T ASIC Miner Run on 120V
  • Karlsen Network (KLS) is an ASIC-resistant Fork of KASPA (KAS)
  • Bitcoin metric that ‘looks into future’ eyes $48K BTC price around ETF

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ADA Bank Binance Bitcoin Bitcoins Blockchain BNB BTC Cardano Coinbase Crypto Data DeFi Digital DOGE Dogecoin Dot ETH Ether Ethereum Exchange Finance Firm fund High Investors Launch Launches Market metaverse Million Mining Network NFT NFTs Platform Price Raises report support Token Top Traders Trading XRP

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