U.S. Government-Linked Wallet Sends $448 Million in Bitcoin to Coinbase
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
The Federal Reserve's hawkish meeting minutes and a large Bitcoin transfer by the US have shaken the cryptocurrency market.
Key Points: • Continued decline, briefly hitting $82,000 • Breakout from a symmetrical triangle pattern, accelerating decline • Linked to oil prices and US long-term interest rates • Some consider US government relocation a contributing factor. Yesterday's BTC Market: Yesterday's BTC market continued... The post Bitcoin briefly hits $82,000; overreaction to US government relocation? [Rakuten Wallet Daily Report] first appeared on NADA NEWS.
30-Year Treasury Hits 5.7%, U.S. Gov Moves $448M Bitcoin to Coinbase Prime
The 30-year U.S. Treasury yield hit 5.711% on October 7, its highest level since 2002, while a U.S. government-linked wallet moved 5,382 BTC (~$448M) to Coinbase Prime. No agency has confirmed a sale, but the two events arriving together is not nothing.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
