Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

by Aurelia Butler 22 August 2022, 22:20 119 Views

The worsening conditions are not exclusive to crypto markets. The price of WTI oil ceded 3.6% on Aug. 22, down 28% from the $122 peak seen on June 8. The United StatesTreasuries 5-year yield, which bottomed on Aug. 1 at 2.61%, reverted the trend and is now trading at 3.16%. These are all signs that investors are feeling less confident about the central bank’s policies of requesting more money to hold those debt instruments.

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Source: Cryptocurrency - investing.com

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Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

50% of employers expect job cuts, survey finds. Here's how to prepare for a potential layoff

South Korean financial majors want to create virtual assets exchange in 2023: Report

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