Bitcoin falls 3% as Treasury yields rise
Bitcoin dropped 3% to $83,098 as traders cited record-high Treasury yields and a stronger U.S. dollar. Ethereum, XRP and solana also fell in the same market move.
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Bitcoin dropped 3% to $83,098 as traders cited record-high Treasury yields and a stronger U.S. dollar. Ethereum, XRP and solana also fell in the same market move.
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.
In the European session, the U.S. dollar rose versus other major currencies as traders awaited minutes from the Federal Reserve’s September meeting for guidance on monetary policy.
GMR Solutions (NYSE: GMRS ) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. 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 availa
Skillsoft said second-quarter fiscal 2027 revenue was $98.2 million, down 2.9% year over year, mainly on a consumer-segment decline. It kept adjusted EBITDA and free cash flow guidance unchanged while lowering full-year revenue outlook.