Bitcoin slides about 7%, other cryptocurrencies drop after global stocks fall on hawkish Fed minutes

  • 📰 CNBC
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Bitcoin slides 7%, other cryptocurrencies drop after global stocks fall on hawkish Fed minutes

A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021.and other cryptocurrencies fell sharply on Thursday as hawkish minutes from the Federal Reserve's December meeting hit global risk assets.

Bitcoin was trading at just below $43,200 at 2:59 a.m. ET on Thursday, down nearly 7% from the 24 hours previous, according to CoinDesk data. It fell as low as $42,503.88 in the last 24 hours, the lowest level in more than a month.The crypto sell-off comes after stocks fell on Wednesday following the

in which the central bank indicated it would dial back its supportive monetary policy, including reducing the amount of bonds it holds.Meanwhile, the benchmarkGrowth assets such as technology stocks tend to be hit when rates rise, as future earnings becomes less attractive to investors when yields are higher. That sentiment has filtered through to cryptocurrencies, which are seen as risker assets.

"Overall, I think the global markets have shown weakness in light of the recent Fed moves to raise interest rates. Hence, I do think the drop yesterday is quite correlated. We've seen U.S. markets fall yesterday and as a result, all other risk asset classes fared equally poorly including crypto," said Vijay Ayyar, vice president of corporate development and international at cryptocurrency exchange Luno.

"Specifically with regard to Bitcoin and crypto, the last 4 weeks have seen some weak price action owing to a lack of interest/demand, holiday season and potentially similar factors."

 

コメントありがとうございます。コメントは審査後に公開されます。

As you research the project you're going to quickly notice something... $METIS is aligning itself almost exactly with how VitalikButerin has laid out his ideas for $ETH 's future. Dig some more and you'll see why

Flight to Squid

My friends and family members can finally buy xrdoge

More lies and lies and tons of lies from cnbc. Why don’t you tell the truth for once?

realDogecoinOG Perfect now buy the dip up !

Fed's buying $BTC while selling treasuries, $BTC reaching 100k soon when the feds decide.

Buy ShiCo

This is the beginning of the end on the greatest heist ever committed against the highly vulnerable middle class, Bitcoin. All the facts are coming out now. Take the bid while you have one. No intrinsic value other than the disgusting energy bills provided by miners. Hoax 100%

exactly back to January 2021 levels.

Flight to Squid

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Futures subdued as tech stocks extend fall; Fed minutes awaitedU.S. stock index futures were subdued on Wednesday ahead of minutes from the Federal Reserve's December meeting, even as big technology stocks continued to fall, with Salesforce.com declining after a brokerage downgrade. Bullish penny stock alert for all traders! $DTII is a new stock in the market and it's looking incredibly promising with its bullish trends and raging charts- buy your stocks and claim your profits before this golden opportunity slips! A new pennstocks is ready to Boom today, get plenty of SUIC The stock has been stable and showing great potential for a while and I would definitely recommend investing in it. Happy weekend guys! Detox this weekend and spend time away from your phone buy SUIC
ソース: Reuters - 🏆 2. / 97 続きを読む »