Global Stock News

Bitcoin, XRP and Solana All Gained Over 10% Last Week, Then Fell Together in a Day. Was That their Peak?

Bitcoin, XRP and Solana All Gained Over 10% Last Week, Then Fell Together in a Day. Was That their Peak?

Quick Read

  • Bitcoin ETF inflows totaled $1.7 billion in two days and $300 million in forced short liquidations fueled last week’s 10%-plus crypto rally.

  • A 5-year Treasury yield nearing 5%, a level not seen since 2007, triggered the September 24 selloff that erased much of the week’s crypto gains.

  • Bitcoin must hold above $83,600 to avoid confirming September 23 as the peak, or close above $87,400 to signal the rally resumes.

  • Building a portfolio and living off one are two completely different skills, and almost nobody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)

Bitcoin (CRYPTO:BTC), XRP…

Source link

Share this article

Scroll to Top