US Midterms Could Reshape Crypto: What a Democratic Win Means for Bitcoin
Democrats lead in midterm odds; bitcoin's fate may hinge on Fed rates, not Congress, as the CLARITY Act fails.
Democrats lead in midterm odds; bitcoin's fate may hinge on Fed rates, not Congress, as the CLARITY Act fails.
Goldman Sachs' Anshul Sehgal favors AI infrastructure over bonds yielding 5%+, citing limited upside in long bonds.
Janus Henderson's Michael Contopoulos said the market is nearing its top but cannot specify when. He discussed interest rates and the economy on CNBC.
UBS says the flatter US yield curve reflects tighter Fed policy, not recession, pointing to resilient jobs and earnings.
The US 10-year Treasury yield rose above 5.2%, its highest since June 2007, driven by weak auction demand and expectations of tighter Fed policy.
Fed's Lisa Cook warns AI and oil will sustain inflation, further rate hikes depend on data. Bowman no comment.
Global money supply hit a record $103.66T in August, but Bitcoin and gold remain weak as money growth slows and yields rise.
US concern over Japan's weak yen and bond market stems from Tokyo being the largest foreign holder of US debt, with high yields risking carry trade unwinds…
Bitcoin remains pressured by US-Iran tensions and Fed rate-hike bets. Trump rejecting Iran's Strait of Hormuz proposal deepened the recent pullback.
Gold fell after Trump rejected Iran's proposal to reopen the Strait of Hormuz and signalled renewed bombing after the midterms.
EUR/USD fell below the 1.14 support level after Trump rejected an Iranian proposal and strong US PMIs boosted the dollar. The euro remained weak amid ECB rate…
Friday's US jobs report could determine whether Treasury yields climb higher or fall back, with wages and hiring data also in focus.
Upcoming week includes RBA rate decision, Canadian GDP, Australian CPI, US PCE and jobs data, and eurozone inflation figures.
Core inflation held near 3.3% as Trumpflation spread beyond fuel, posing risks to markets.
US diesel prices posted a record annual gain, echoing the 2008 gasoline spike and raising concerns about persistent inflation.