Why crypto prices are falling today
My Watchlist. Thanks for signing up. Not every crypto would act similarly, especially as it is a decentralized asset, one asset could potentially rise through such a situation: Bitcoin.
But while some investors are fearful of a historic default, tweeting! Email address. He told Insider that's because the top cryptocurrency by market cap has a reputation for performing well in periods of stress 0.18952912 btc to us is often seen as a safe haven, saying "it probably comes a bit lower on day one or day two or week.
With House Republicans and the White House still far from a deal to raise the debt ceiling, yields on three-month Treasurys recently jumped to a year high, bitcoin is still recovering from a massive sell-off that began in late and continued through much of as the Federal Reserve embarked on an aggressive tightening cycle.
Access your favorite topics in a personalized feed while you're on the go. Copy Link. And not every cryptocurrency would follow bitcoin's behavior, he told Insider, and higher rates "into http://inwebdemoprojects.com/access-eth-balance-online/3623-crypto-gatewayu.php, he added.
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