Bitcoin's price dropped below $80,000 as the 30-year U.S. Treasury yield rose to 5.18%, the highest in nearly two decades. Rising energy prices, persistent inflation, and heavy government borrowing have pushed yields higher, making non-yielding assets like Bitcoin less attractive to institutional investors. This shift has caused significant outflows from Bitcoin ETFs and increased interest in tokenized U.S. Treasuries, which have grown 70% year-to-date. While Bitcoin's long-term case as a hedge against fiscal instability remains, the current high yields and borrowing costs are creating short-term headwinds for its price.
Bitcoin rose to $77,000 following increased betting on Polymarket, where traders have wagered over $154 million on a permanent US-Iran peace deal by the end of 2026. This surge in market activity comes as President Donald Trump described his decision...
A pseudonymous trader named Evaded secured $4.6 million in profits by closing long positions in HYPE, ZEC, and ETH. Immediately after, the trader opened a large short position of 990 bitcoins worth about $74.84 million on Hyperliquid, which had alrea...
Toncoin (TON) fell 11.15% in 24 hours following a 3.35% Bitcoin correction that erased $85 billion from the crypto market cap. Most liquidations were long positions, signaling bearish sentiment. After reaching $2.9 earlier this month, TON’s price is ...
Bitcoin has ended its longest-ever period of underperformance against the S&P 500 and is now expected to outperform stocks, bonds, and gold amid persistent inflation and high oil prices. Mark Connors, former Credit Suisse portfolio head, highlights t...
Ethereum's price remains stuck just above $2,000 due to major sell-offs from prominent holders and ongoing ETF outflows, causing cautious market sentiment. Despite long-term optimism around Ethereum's role in decentralized finance and upcoming privac...
