Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

●Bitcoin (BTC): $30,115, −4.76% ●Ether (ETH): $1,820, −5.83% ●S&P 500 daily close: 4,101, −0.75% ●Gold: $1,851 per troy ounce, +0.45% ●Ten-year Treasury yield daily close: 2.93% Bitcoin, ether and gold…

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Bitcoin Unable to Hold $30K, Altcoins Mixed

From a macro perspective, a long period of accommodative monetary policy underpinned a strong rally in speculative assets, such as stocks and cryptos, over the past few years. Bitcoin, in…

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Bitcoin Dominates but Altcoins Lurk

But Oanda's Moya noted that even falling Treasury yields, "which makes crypto attractive," have failed to move investors. "Right now, no one wants to buy this dip," he wrote, adding…

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Bitcoin Unable to Hold $30K, Altcoins Mixed

For now, bitcoin is stuck in a tight trading range and is at risk of a breakdown. "From a trading standpoint, [a] breach higher may offer an opportunity to fade,…

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Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins

On Monday, the S&P 500 fell to a new record low for the year as the 10-year Treasury yield hit 3% for the first time since 2018. Also, on Monday,…

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