CryptocurrencyBitcoin Price Falls As Interest Rates Rise

Bitcoin Price Falls As Interest Rates Rise


The below is from a recent edition of BM Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Rising Yields Impact Bitcoin Price

Our analysis throughout much of 2022 in regards to the bitcoin price action has held steady. Capital markets are in the midst of a deleveraging period due to elevated inflation readings hitting multi-decade highs, in an environment of historically low bond yields.

While on the surface, high yields may seem to be bullish for stocks and bitcoin, the reality is that the credit market is the dominant driver. Higher inflation and increasingly hawkish central bank monetary policy has led to a historic rout in the bond market.





Original Source Link

Latest News

What’s open and what’s closed on Good Friday 2024?

Good Friday is a conundrum for many people. Easter is such a major holiday in the Christian faith...

Apple sues former iOS engineer for allegedly leaking Vision Pro, Journal app details

Apple is suing a former employee for leaking confidential information, including unknown details about Apple’s Journal app, the...

Biden Confirms That Dark Brandon Is Real At Fundraiser With Clinton And Obama

President Biden confirmed that Dark Brandon is real during a fundraiser with former presidents Bill Clinton and Barack...

Rent prices across the U.S. grew in March, with one exception

 Ascentxmedia | E+ | Getty ImagesRent prices for one- and two-bedroom apartments grew in March for the first...

Must Read

King Charles And Queen Camilla To Attend Easter Sunday Service

It is not immediately known which other members...

Consumers are having a hard time deciding to buy into the housing market, says Invitation Homes CEO

ShareShare Article via FacebookShare Article via TwitterShare Article...
- Advertisement -

You might also likeRELATED
Recommended to you