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Top Gap Ups and Downs on Tuesday: CVNA, ASX, BCS and More
The surge in U.S. Treasury yields is hitting risk Assets, and the Cryptos market is affected.
The price of Bitcoin has dropped significantly, due to the surge in USA Treasury yields putting pressure on risk assets overall.
Options Traders Jump Into MicroStrategy Swings -- WSJ
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Top Cryptocurrencies Tumble; Bitcoin Slumps Below $97,000
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Stocks Sink As Bond Yields Soar, Nvidia Eyes Worst Day In 4 Months, Bitcoin Tumbles To $97,000: What's Driving Markets Tuesday?
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Trending Industry Today: MicroStrategy Leads Losses In Blockchain Stocks
Express News | Shares of Crypto Stocks Are Trading Lower After Bitcoin Fell Back Below $100,000
US stocks fluctuated | Crypto Concept stocks experienced a significant decline, with Bitcoin briefly falling below $0.099 million.
On Tuesday, stocks related to Cryptos saw a significant decline, with KULR Technology (KULR.US) and MicroStrategy (MSTR.US) dropping nearly 7%, and Coinbase (COIN.US) falling over 5%.
Decoding MicroStrategy's Options Activity: What's the Big Picture?
Trending Industry Today: MicroStrategy Leads Losses In Crypto Stocks
The cryptocurrency Industry is facing profit squeezes, and USA mining companies are "making ends meet".
It is estimated that in the third quarter of last year, the Average Cost of producing Bitcoin for all miners listed in the USA was $55,950 per coin, a 13% increase from the previous quarter, with an Average Cost of $106,000 including depreciation and stock-based compensation costs. Bitcoin is currently priced at $101,439.1. This means that if the price of Bitcoin does not rise, it may lead to many miners shutting down their machines or going bankrupt.
Bitcoin Rallies Above 100k – Are the Bulls Back in Control?
Social Buzz: Wallstreetbets Stocks Mixed Premarket Tuesday; FuboTV to Advance, MicroStrategy to Decline
XRP and Other Cryptos Are Rising. Bitcoin Price Broke Through $100,000 -- Again
Your Fancy, New ETF Might Be a Little Too Fancy -- Heard on the Street -- WSJ