Skip to the news
BetFury News
Tuesday 13 OctoberAdvertiseSources read

Crypto & Bitcoin

Bitcoin falls below $83,000 as dollar strength keeps markets on edge

Reported by James Van Straten, CoinDesk

Image: CoinDesk

Markets are making a cautious start to the week, with bitcoin trading just above $83,000 and gold around $4,180 an ounce, both down roughly -0.5%. Tech futures are slightly lower, while WTI crude is edging higher above $92 a barrel. Bond yields are also ticking up as bond prices fall, following a brief recovery in the second half of last week that saw TLT, the long-dated U.S. Treasury ETF, gain more than 2%. The dollar remains firm, with the DXY index above 102.4. Wednesday’s U.S. inflation report is the week’s key macroeconomic event.

This is an excerpt. The reporting belongs to CoinDesk.

Read the full report on coindesk.com
Pass it onXTelegramRedditWhatsApp