Bitcoin falls to around $83,200 as yields jump
Bitcoin moved down to around $83,200 as Treasury yields climbed and U.S. stocks sold off early Wednesday.
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Bitcoin moved down to around $83,200 as Treasury yields climbed and U.S. stocks sold off early Wednesday.
Bernstein cut its target price on AstraZeneca to 198 pounds from 200 pounds and kept a positive view on the drugmaker’s pipeline. Shares were up 1% at 120.80 pounds.
Ether dropped 4.4% to as low as $2,572 as elevated Treasury yields weighed on risk appetite. Analysts said weaker institutional demand and recent spot ETF outflows were adding pressure.
The dollar's recent advance could continue if the Fed minutes show broad support for further rate hikes, according to Infinox's Thadeu Dos Santos. A more cautious readout could reverse the move, while Thursday's jobless claims report is also seen as a possible catalyst.
Bitcoin slipped to a one-week low after failing to follow a tech-led U.S. equity rally.
The Schwab US Dividend Equity ETF (NYSE: SCHD ) has lost momentum this month as investors have started moving to US Treasuries, which are offering a higher payout. After hitting a record high of $35 in August, it has dropped to the current $33.21. The ongoing retreat has coincided with the weakness in other top dividen
Crypto analyst Benjamin Cowen said Thursday that Bitcoin’s (CRYPTO: BTC) breakout feels like “the upside down,” with every other part of his macro thesis playing out except Bitcoin. Why the Macro Setup Made Sense to Cowen Cowen laid out his reasoning on his YouTube channel, pointing to rising oil prices that pushed the
US equity indexes opened higher on Monday, led by communications services and technology, while energy stocks lagged. Crude oil prices dipped below $100 per barrel and US 10-year Treasury yields eased across the curve.
HIVE Digital Technologies (NASDAQ: HIVE ) held its first-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary HIVE Digital Technologies reported a 73% year-over-year r
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DeFi Development (NASDAQ: DFDV ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary DeFi Development reported a strategic focus on controlling
Tesla (NASDAQ: TSLA ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. The full earnings call is available at Summary Tesla, Inc. achieved re
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.