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Bitcoin (BTC) Tanks 7% Following Dow Jones Plunge In A Risk-Asset Sell-off, GBTC Premium Vanishes

On Thursday, February 25, the U.S. markets plunged with Dow Jones (INDEXDJX: .DJI) tanking over 500 points in a single day. The surge in the U.S. bond yield to 1.6% has created havoc in the global markets along with the fears of inflation forcing traders to reevaluate their position across different asset classes.  The ripple effect

On Thursday, February 25, the U.S. markets plunged with Dow Jones (INDEXDJX: .DJI) tanking over 500 points in a single day. The surge in the U.S. bond yield to 1.6% has created havoc in the global markets along with the fears of inflation forcing traders to reevaluate their position across different asset classes.  The ripple effect

dow jones bubble
Bitcoin News
dow jones bubble
Bitcoin News

After Bitcoin, Wall Street Whines Over Dow Jones Bubble

Asset class is experiencing  “bubble burst” sentiments similar as bitcoin cryptocurrency Concern over inflationary pressures and rising bond yields have hit the stock market this week The Dow tumbles down to 666 points, registering a 15% decline since June 2016 The market scenario has led Wall Street experts to use “bubble” in reference to different

Asset class is experiencing  “bubble burst” sentiments similar as bitcoin cryptocurrency Concern over inflationary pressures and rising bond yields have hit the stock market this week The Dow tumbles down to 666 points, registering a 15% decline since June 2016 The market scenario has led Wall Street experts to use “bubble” in reference to different