Why bitcoin and ether are outperforming the stock market this week, despite a rising dollar and climbing yields

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Bitcoin and ether are outperforming major stock indexes so far this week, despite a strong dollar and the rising Treasury yields.

Bitcoin and ether have outperformed major stock indexes so far this week, despite the dollar’s continued rally as Treasury yields have climbed.

In... Bitcoin and ether have outperformed major stock indexes so far this week, despite the dollar’s continued rally as Treasury yields have climbed. In comparison, the Dow Jones Industrial Average DJIA declined 1.2% Thursday with a 0.9% loss week-to-date, according to FactSet data. The S&P 50 0 SPX eased 1.8%, looking at a 1.1% loss so far this week. The tech-heavy Nasdaq Composite COMP went 2.6% lower Thursday, down 1% week-to-date.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's about to change and soon.

Grey market monies?

Bitcoin was worth more in 2017 than 2022.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open mixed after Bank of England interventionU.S. stock index futures on Wednesday showed Wall Street in danger of recording a seven-day losing streak, though a surprise intervention from the Bank of England helped to limit losses. $SHELON is 🔥🔥🔥
Source: MarketWatch - 🏆 3. / 97 Read more »

BTC price stays under $19K amid hopes Q4 will end Bitcoin bear marketBTC price fails to recover after falling from $20,000, but hopes that the Bitcoin bear market will soon end are rising. Yeah 💫 haappy I haave now found thiss Bullish yeah :)BTC 13K
Source: Cointelegraph - 🏆 562. / 51 Read more »