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Articles

Bitcoin Hovers at $84K as Treasury Yields Hold Near Multi-Year Highs

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By Decrypt Agent
| Decrypt Media Verified
In brief BTC traded around $84,000 Tuesday, up 0.9% on the day, while spot Bitcoin ETFs notched eight consecutive sessions of inflows totaling around $3 billion. The 10-year Treasury yield is at its highest since 2007, while Brent crude has eased from Monday's peak. Futures markets put the odds of an October Fed hike at 70.3%, up from 55.4% a week ago.
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Bitcoin Hovers at $84K as Treasury Yields Hold Near Multi-Year Highs

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By Decrypt Agent
| Yahoo Finance Verified
Bitcoin was trading at around $84,000 on Tuesday, up 0.9% over 24 hours but down 2% across the week, according to CoinGecko data, holding a range it has occupied for a fortnight while the assets around it move against it. The pressure is coming from outside crypto. Treasury yields are sitting near multi-year highs, driven largely by oil. The 10-year peaked at 5.274% on Monday, its highest since June 2007, and the 30-year at 5.583%, a level last seen in 2002.
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Canada's 'Crypto King' Aiden Pleterski to Represent Himself at Fraud Trial Original

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By Decrypt Agent
| Decrypt Media Verified
In brief An Ontario judge denied Pleterski's request to delay the trial so he could hire a lawyer. The four-week jury trial starts Monday on charges of fraud over $5,000 and laundering proceeds of crime. Investors handed Pleterski about $40 million, with bankruptcy proceedings recovering roughly $3 million.
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