Business & Markets

Bitcoin Slips Below 70000 as Rate Hike Bets and Circle Drop Trigger Crypto Sell Off

Bitcoin fell back below the 70000 level as broader market weakness and rising interest rate expectations weighed on risk assets across both crypto and equities. The digital asset declined toward 69000 after briefly trading higher earlier in the session, reflecting a wider pullback in sentiment. The move came alongside losses in major altcoins and a […]

Stablecoins & Central Banks

Circle Shares Slide as Tether Audit Move and US Crypto Bill Pressure Stablecoin Yields

Circle’s stock dropped sharply on Tuesday as markets reacted to a combination of regulatory uncertainty and rising competitive pressure in the stablecoin sector. Shares of the USDC issuer fell more than 20 percent by the close, erasing part of the recent rally that had lifted the firm’s valuation. The selloff extended into after hours trading, […]

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