Higher-For-Longer Interest Rates May Stifle Bitcoin Interest — Market Talk
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Broken down cease-fire talks in the war in Iran appears to have investors re-evaluating their risk appetite this week — which may be a pressure point for bitcoin and other cryptocurrency assets. "Bitcoin is facing additional pressure as rising Treasury yields and inflation data tighten global liquidity conditions," says Fiona Cincotta of FOREX.com in a note. If higher energy prices lead to resurgent inflation, then money flow is likely to stay out of cryptocurrency and in safer assets, says Cincotta. But major cryptocurrencies are higher, this even amid the potential of a higher-inflation environment. Bitcoin is up 1% to nearly $72,100, ethereum rises 0.3% to over $2,220, and solana is up 0.5% to $83.11. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260413005647:0/
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