Key Highlights Geopolitical friction involving Iran and crude oil dynamics have emerged as primary market drivers, causing crypto assets to react sharply to escalation headlines. Persistent interest rate pressures from the Federal Reserve and high-yielding U.S. Treasuries continue to drain liquidity away from digital assets. Bitcoin trades around $81,000, continuing a protracted struggle to regain ...
Key Highlights: Bitcoin has sustained an upward trajectory over the past five to six weeks despite the US dollar index reaching an 18-month high. Market strategists Howell and Dave Weisberger suggest that an upcoming rally in US Treasuries and global bond markets could inject collateral-driven liquidity that heavily benefits Bitcoin. Senior strategist Mike McGlone remains ...
Bloomberg Intelligence senior commodities strategist Mike McGlone has warned that elevated equity valuations and expectations of further Federal Reserve interest rate hikes are generating strong sell signals for Bitcoin. Bitcoin’s Risk-Adjusted Returns Under Scrutiny McGlone noted that Bitcoin’s performance over the past five years has roughly matched the S&P 500 index, but with approximately three ...