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Bitcoin Worth (BTC) Slides Again In the direction of $26K as Nasdaq Falls on Rising Charges and Oil

by SB Crypto Guru News
September 27, 2023
in Crypto Updates
Reading Time: 1 min read
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The declines got here because the 10-year Treasury yield surged one other 9 foundation factors to a recent 16-year excessive of 4.63%. Alongside the rise in rates of interest, the value of oil was forward by greater than 3.5% to a brand new 2023 excessive of $93.53 per barrel. The time period “stagflation” – suggesting a mix of gradual progress and quick inflation within the economic system – hasn’t been seen lots for the reason that Nineteen Seventies, however rapidly rising charges and oil costs are more likely to spark a rise in utilization.



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