The crypto market saw a whirlwind of activity on Wednesday, with Bitcoin leading a surprising rebound after experiencing recent losses. Amidst volatility, Bitcoin made a notable recovery, climbing 1.7% to settle at $65,773, following an initial dip to $60,793. The closure of the Federal Reserve’s two-day meeting provided some relief as cryptos regained ground. The…
The stock market is navigating uncertain waters as U.S. Treasury yields soar, affecting various aspects of the financial landscape. This article breaks down the key developments and their consequences for investors and the economy. U.S. Treasury Yields Surge The market is abuzz with news of the 10-year U.S. Treasury yield nearing the 5% mark, a…
The cryptocurrency market is facing a challenging autumn, with the launch of six exchange-traded funds (ETFs) tracking ether futures contracts in the United States failing to generate the expected enthusiasm. This comes as investors are turning away from risk due to concerns over economic uncertainty and ongoing geopolitical conflicts, including the situations in Ukraine and…