Bitcoin kicked off the U.S. trading week with gains, moving above $27,000 from as low as $25,800 late Friday. Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious. _jocelynyang_ reports
, which measures overall crypto market performance, was up roughly 1.8% for the day.
“Due to the dire state of the stock market, institutional and professional investors no longer have access to the excess liquidity they would usually allocate to invest in the crypto market,” Sheraz Ahmed, managing partner at blockchain consultancy Storm Partners, told CoinDesk. In bond markets, the note on the 2-year Treasury yield remained little changed at 4.00% Monday, while the 10-year Treasury yield rose 3 basis points to 3.50%. Greg Cipolaro, global head of research at bitcoin-focused investment firm NYDIG, pointed out in a Friday research note that yield curve inversions similar to the current one have more often than not indicated a recession in the next 12 months.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
GBP/USD rebounds firmly above 1.2460 as USD Index loses upside momentumThe GBP/USD pair has demonstrated a solid recovery and has scaled above 1.2460 in the Tokyo session. The Cable has recovered sharply amid a decline in
Weiterlesen »
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, Climbing Back Above $27,000 – Market Updates Bitcoin NewsBitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week.
Weiterlesen »
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February$BTC's defence of the 200-week simple moving average signals sustainability of the long-term bullish trend, one analyst said. Reports godbole17.
Weiterlesen »
Cardano, tron, sandbox draw interest as investors shy away from bitcoin: CoinSharesDigital asset investment products saw a fourth consecutive week of outflows, while eight altcoin assets saw inflows.
Weiterlesen »
Bitcoin Cash Achieves Milestone Upgrade, Unleashing Cashtokens’ Transformative Features – Bitcoin NewsThe eagerly anticipated BCH upgrade went live, marking a significant leap forward for the peer-to-peer electronic cash platform. BitcoinCash
Weiterlesen »
Bitcoin Supply Dormancy Hits All-Time HighBitcoin's supply dormancy, measure of how long Bitcoin remains idle in wallets, has hit all-time high, indicating that significant percentage of Bitcoin investors are adopting long-term investment strategy
Weiterlesen »