Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
By Megan CheahAsian bond yields kept rising Friday even as oil pulled back, signalling continued caution about inflation and higher interest rates as the Middle East conflict drags on.The selloff in U.S. government bonds again spilled over into Asian debt markets as Treasury yields hit highs not see…
1356 ET - Long-term yields are being driven up by forces that are out of the Federal Reserve's control, CIFC's Natalia Lojevsky says in a note. Last week's rate hike changed the Treasury curve but not the level, Lojevsky says. The heavy supply of Treasurys on the market, oil being higher than $100 a…
Bitcoin drops in the early Asian session as higher oil prices and U.S. CPI data firm rate-hike bets, dimming the appeal of riskier assets like crypto. Treasury yields have been moving higher across the curve, which could continue to weigh on the non-yielding cryptocurrency, says Konstantinos Chrysik…
Bitcoin can't seem to sustain an elongated breakout from either the higher and lower side of its trading range in recent weeks. The cryptocurrency is up 0.8% to $63,573, but there are factors working against further upside, including the resumption of outflows from bitcoin ETFs by funds. "After a re…
Bitwise CIO Matt Hougan expects Bitcoin to finish the year significantly higher."Bad news has stopped moving the market,” Hougan said. "The sellers are gone. When bad news stops moving the market, that marks the bottom," he added.Hougan also argued that institutional exposure to Bitcoin has continue…
China’s gold imports rose for a third straight month in June to about 173 tonnes, the highest since March 2024, as retail buyers also accumulated bullion through bank-led savings plans. Ether led crypto higher while bitcoin held as a defensive anchor, according to CoinDesk, with analysts saying the …
Ethereum is trading just below $1,900, and analyst Benjamin Cowen believes the next major test for ETH may not come immediately. While July has historically been a strong month for crypto during midterm years, Cowen expects the August-to-October period to be far more important in deciding whether Et…