Bitcoin slid to a one-month low, reflecting a broader selloff in the cryptocurrency market..There were significant outflows from digital-asset investment products, contributing to the market downturn..The prospect of higher-for-longer U.S. borrowing costs has put pressure on speculative investments like cryptocurrencies..Bitcoin fell as much as 2.7% on a single day, showcasing the volatility within the crypto market..Traditional stocks and bonds have outperformed Bitcoin this quarter, reversing the trend from the previous three months..Read More Stories
Bitcoin slid to a one-month low, reflecting a broader selloff in the cryptocurrency market..There were significant outflows from digital-asset investment products, contributing to the market downturn..The prospect of higher-for-longer U.S. borrowing costs has put pressure on speculative investments like cryptocurrencies..Bitcoin fell as much as 2.7% on a single day, showcasing the volatility within the crypto market..Traditional stocks and bonds have outperformed Bitcoin this quarter, reversing the trend from the previous three months..Read More Stories