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CoinDesk Weekly Recap: Bitcoin Holds Steady Amid Market Turmoil

Summary by Coin Desk

It was a dreadful week for the stock market, with the S&P 500 falling more than 6% over the last five days. That didn’t help Bitcoin, but the original cryptocurrency fared better than the wider market, rising over 1% in the same period.The Nasdaq had one of its largest falls in 25 years Thursday, but Bitcoin held relatively steady (CoinDesk’s James Van Straten reported) even if now it’s nowhere near the highs above 100,000 that we saw at the beg…

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CoinDesk Weekly Recap: Bitcoin Holds Steady Amid Market Turmoil

7 hours ago·Manila, Philippines

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CNBC

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Cryptocurrencies rise Friday, bucking broader market meltdown

Bitcoin rose on Friday as gold fell and stocks continued to crater following their worst day since 2020.

8 hours ago·United States

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Busines and Oil News

Bitcoin rises slightly, holding at $83,000 as global trade war deepens stock market slide – DG Verifications & Stats

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNTFernando Gutierrez-Juarez | Picture Alliance | Getty Images Bitcoin held its head above water after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater following their worst day since 2020. The price of the flagship cryptocurrency was last higher by 1.7% at $83,396.89 on Friday, according to Coin Metrics. Most of the flagship cryptocurr…

7 hours ago

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Coin Edition

The Unexpected Upside: Tariffs Depress Treasury Yields, Shine Light on Crypto

US Treasury 10-year yield dropped below 4% Investors move to bonds, pushing yields down and boost appeal in crypto investments White House advisor Peter Navarro predicts Trump’s tariffs to generate over $6 trillion in revenue While President Trump’s latest tariff announcements sparked immediate, sharp sell-offs across global markets, emerging analysis suggests the fallout might hold unexpected long-term benefits for the cryptocurrency sector. T…

7 hours ago

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Bitcoin Ethereum News

Why Bitcoin Is Gaining Appeal Amid Falling US Treasury Yields

The post Why Bitcoin Is Gaining Appeal Amid Falling US Treasury Yields appeared on BitcoinEthereumNews.com. The US 10-year Treasury yield has fallen below 4% for the first time since October. This signals a potential shift in Federal Reserve (Fed) policy, sparking renewed interest in Bitcoin (BTC) and other risk assets. Treasury Yields and Bitcoin: A Risk-On Rotation? As highlighted by financial markets aggregator Barchart, this decline reflects…

8 hours ago

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crypto.news

Bitcoin price could rise as U.S. bond yields, fear and greed index fall

Bitcoin price held steady above the critical support level of $80,000 as trade-related risks continued to rise. Bitcoin (BTC) was trading at $83,230 Friday morning, a level it has maintained for the past few days. This level marks a 9%…

8 hours ago

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