Bitcoin falls 2.3% as Treasury yields rise
Bitcoin traded near $83,559, down 2.3% on the day, as markets reacted to rising Treasury yields and a hawkish shift in the Fed backdrop.
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U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.
FTSE MIB Inches Lower
The FTSE MIB fell 0.2% to 51,760 on Monday, paring earlier gains following reports of several planned tax cuts in the government’s 2027 budget plan. Ahead of next year’s general election, Prime Minister Meloni’s latest and upcoming budget is reportedly set to include multiple tax cuts, adding to uncertainty surrounding
Italy stocks fall 0.76%
Italian stocks decline as Investing.com Italy 40 index drops, indicating a decrease in investor sentiment