Bitcoin, copper, stocks, yields all fall; gold rises
BTC when published $80,935Now $80,568 ▼ −0.45% since it was published
Bitcoin BTC $80 955,28 has dropped more than 2% in the past 24 hours, with some of the other major coins such as XRP (XRP), ether ETH $2 363,15 and solana (SOL) sliding even further. The move looks less like a crypto-specific story and more like a broad-based exit from riskier investments. Futures tied to copper, a closely watched barometer of global economic health, fell nearly 1%, extending Wednesday's 1.6% decline. Other growth-sensitive assets tumbled, with Asian stocks dragged lower by a rout in Korean chipmakers. Nasdaq index futures and risk-sensitive currency pairs such as Aussie dollar-Swiss franc, are down as well. At the same time, Treasury yields are falling — meaning bond prices are rising — while gold is up 1%.
First reported by CoinDesk. This page is a short excerpt; the full text is theirs.
