Bitcoin unsusceptible to stock selloff but fails to claim $28,000 – Crypto News
Posted on October 6, 2023 at 11:52 am GMTBitcoin defies spiking yields and equity market rout Faces strong technical rejection at the 200-day SMA Regulatory crackdown persists, all eyes on FTX trial Cryptos exhibit resilience in adverse macro environment The last few weeks have been characterised by risk off sentiment in financial markets as the Fed has repeatedly stated its intention to keep interest rates elevated for as long as it takes to tame inflation. As a result, US Treasury yields have been on the rise across the board, [..]