Crypto Market Slides as Oil, Yields and Dollar Pressure Risk Assets
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
Cryptocurrencies were down 2.49%, to $83,402.00, while Ethereum was down 4.68%, to $2,561.92, according to the Binance platform
The Bitcoin is re-entered under the $84,000 this Wednesday, bringing in its wake the entire crypto market. Geopolitical tensions around the Strait of Ormuz, rising oil, US bond yields and the dollar revive risk aversion, while a large wave of liquidations accentuates the decline of the altcoins. The Bitcoin article and cryptos fall on background of renewed tensions appeared first on Cryptoast.
Key points of the news: Bitcoin fell below $84,000 after the oil rally took Brent over $101, strengthened the dollar and raised Treasuries’ yields. Altcoins fell further, with Ethereum under $2,600, XRP close to $1.46 and stronger losses in ADA, UNI, DOT and MNT. The price of the oil was lower than the price of the oil. ... Read more
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
