Tuesday, April 23, 2024
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Bitcoin (BTC) Posts Biggest Weekly Loss in Five Months as Dollar (USD) Liquidity Declines, Debt Ceiling Fears Resurface

The leading cryptocurrency by market value fell by 9% to $27,600, registering its largest single-week percentage loss since early November, according to data from TradingView and CoinDesk. The yield on the 10-year U.S. Treasury note rose by six basis points (bps) to 3.58%, its second straight weekly gain, denting the

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Bitcoin Slips Below $45K as S&P 500 Futures Drop, Stablecoin Regulation Fears Resurface

Bitcoin fell as concern over China and caution ahead of this week’s Federal Reserve meeting weighed on U.S. stock index futures. Speculation that the U.S. government may declare stablecoins as a risk to the financial system could be adding to uncertainty in the crypto market.The top cryptocurrency by market value

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