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 roundup says the Swiss franc remains supported by safe-haven demand, while sterling and gilt yields rise on expectations for Bank of England policy tightening and ahead of the U.K. budget. It also notes euro weakness tied to French fiscal concerns and a Treasury auction under close watch.
On Thursday, McCormick & Co (NYSE: MKC ) discussed third-quarter financial results during its earnings call. The full transcript is provided below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary McCormick & Co reported a 17% increase in third-quarte
Inter & Co said second-quarter total net revenue rose 32% and return on equity topped 16%. The company also said it surpassed 100 billion reais in total assets and reached 45.3 million clients.