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Tuesday 13 OctoberAdvertiseSources read

Crypto & Bitcoin

Bitcoin Climbs as Bond Yields, Dollar, and Oil Fall

Reported by Laurie Dunn, Crypto Daily

Image: Crypto Daily

The Bitcoin price finds itself in a sweet spot as far as the major world financial indicators are concerned. All three of bond yields, the dollar, and oil are falling on Tuesday, a mix that is perfect for Bitcoin to make some hay. Up around 2% on the day, can the $BTC price take full advantage of this benevolent setting? Could this finally be a respite from a most dogged rise in US bond yields which saw the 10-year yield surpass the previous high set back in June 2007?

This is an excerpt. The reporting belongs to Crypto Daily.

Read the full report on cryptodaily.co.uk

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