Bitcoin enters October following an unexpected green September and strong long-term holder accumulation. However, analysts warn that a $4.35 billion risk from leveraged long positions threatens potential market volatility.
Gold and silver shed over $1 trillion in market value in a single day as rising Federal Reserve rate hike bets, higher bond yields, and a stronger US dollar pressured the precious metals.
Record surges in US diesel prices mirror the historical $4 gas peak of 2008, raising fresh inflation concerns as winter approaches and complicating upcoming monetary policy decisions for the Federal Reserve.
BlackRock CIO Rick Rieder is cutting equity holdings, favoring high-grade bonds yielding 7% to 8% over stocks amid rising Treasury yields and a freezing housing market.
A Wall Street strategist suggests falling crude oil prices could relieve inflation, lower Treasury yields, and trigger a ten percent stock market rally before the end of the year.
Five upcoming economic data releases, including PCE inflation, GDP metrics, and employment reports, will determine whether the Federal Reserve implements another interest rate hike in October, impacting stocks and Bitcoin.
U.S. spot Bitcoin ETFs pulled in a record $2.39 billion in net inflows, yet analytics suggest underlying purchasing activity may be thinner than weekly figures show, with supply constraints driving recent price rallies.
Japan's 30-year bond yield reached a record 4.223% following monetary policy shifts by the Bank of Japan, raising concerns that higher safe-haven returns and potential yen carry trade unwinding could threaten risk assets like Bitcoin.
The 30-year fixed US mortgage rate has risen to 7.45%, driven by a wider US government bond selloff. This surge in Treasury yields increases the opportunity cost of holding Bitcoin, impacting the broader cryptocurrency market.