CoinDesk· Omkar Godbole·· 16d ago
Bitcoin, copper, stocks, and yields decline as gold rises
Original source: CoinDeskRead original
AI brief
Bitcoin BTC at $81,183.42 dropped over 2% in 24 hours, alongside declines in XRP, ETH at $2,370.32, and SOL. Copper futures fell nearly 1%, and Asian stocks were dragged down by Korean chipmakers. Treasury yields are falling, with the 10-year note yield dropping eight basis points to 5.08%, while gold is up 1%. This broad-based risk-off move suggests investors are reducing exposure to risk, with some stagflation fears noted by InvestingLive analyst Giuseppe Dellamotta.
Source: CoinDesk · coindesk.com