Tag Archives: Upended

(Bloomberg) — A funny thing happened to Bitcoin as interest rates started to rise: trading volumes went way down. Now market-watchers are grappling with the implications and what a world of less-loose monetary policy means for digital assets. Most Read from Bloomberg The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. Over the last month,… Source link

President Joe Biden discusses a proposed infrastructure bill, at the White House in Washington, Thursday, June 24, 2021. (Pete Marovich/The New York Times) WASHINGTON — It was all going according to President Joe Biden’s tightrope plan to pass the most ambitious economic agenda in generations. Right until the moment that Biden, a politician with a history of rogue comments, veered off script. After weeks of closed-door negotiations, Biden strode to the cameras on the White House driveway… Source link