SShortSingh.
Back to feed

Bitcoin Holds Steady as Oil Hits $90 and Bond Yields Rise, Gold Retreats

0
·1 views

Bitcoin has shown resilience amid a challenging macroeconomic environment marked by oil prices reaching $90 and climbing bond yields. Traditional safe-haven asset gold has slipped under these pressures, while stocks have also faced headwinds. A strengthening US dollar presents a potential complication for Bitcoin's continued stability. The cryptocurrency has traded in a choppy but relatively firm manner compared to other assets in this environment.

Read the full story at CoinDesk

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

Related stories

0
Crypto & Web3CoinDesk ·

Solana, Ether, XRP Drop Sharply as Iran Strike Triggers Broad Crypto Selloff

Major cryptocurrencies experienced a broad decline over a 24-hour period following Iran's military strikes, which triggered a widespread risk-off sentiment across markets. Every large-cap token recorded losses during this period, with high-volatility assets bearing the heaviest losses. Solana, Ether, and XRP led the downturn among major tokens, falling at roughly triple the rate of Bitcoin. Bitcoin, while also declining, proved comparatively more resilient than other large-cap cryptocurrencies during the selloff.

0
Crypto & Web3CoinDesk ·

SEC Proposes Transfer Agent Rule, Plans Roundtable on 24/7 US Stock Trading

The U.S. Securities and Exchange Commission has proposed a new rule governing transfer agents that carries potential implications for blockchain technology. The regulator also released a formal agenda for an upcoming roundtable focused on the possibility of round-the-clock trading in U.S. markets. The dual moves signal the SEC's growing attention to both market structure modernization and emerging financial technologies. The roundtable is intended to bring together stakeholders to explore the feasibility and challenges of 24-hour trading in the United States.

0
Crypto & Web3CoinDesk ·

Citi, Goldman and Global Banks Join Forces to Launch Stablecoin Venture

Major financial institutions including Citigroup and Goldman Sachs have partnered to develop a joint stablecoin initiative. The venture brings together global banks and asset managers in a collaborative effort targeting digital finance. The group's initial focus will be on creating a U.S. dollar-backed stablecoin designed for payments and digital asset settlement. Expansion plans include the development of a euro-denominated token as a subsequent priority.

0
Crypto & Web3CoinDesk ·

Robinhood Chain hits $1.9M daily revenue record, boosting ARB token by 30%

Robinhood Chain has set a new 24-hour revenue record of $1.9 million, marking a significant milestone for the recently launched crypto network. The strong performance triggered a sharp 30% rally in ARB, the native token of Arbitrum, the blockchain infrastructure underlying Robinhood Chain. Traders moved quickly to capitalize on the network's growing activity, driving speculative demand for the associated token. The surge highlights growing user engagement on Robinhood's crypto platform and investor interest in its underlying technology stack.

Bitcoin Holds Steady as Oil Hits $90 and Bond Yields Rise, Gold Retreats · ShortSingh