Bitcoin and tech stocks pressured by rising bond yields and oil prices

Risk assets, including Bitcoin and technology stocks, faced significant selling pressure on Monday. This downturn was driven by a simultaneous increase in U.S. Treasury yields and a rally in global oil prices. A strengthening U.S. dollar further contributed to the negative sentiment across financial markets. As a result, the price of silver also declined, falling below the threshold of $59 per ounce.
This is an AI-generated summary. ShortSingh links to the original source for the complete article.




Discussion (0)
Log in to join the discussion and vote.
Log in