Cryptocurrencies Slip as Analysts Expect Fed to Pause Rate Cut Cycle Amid Latest Jobs Data
01/13/2025 21:44
Major cryptocurrencies declined ahead of Monday's US equities open as analysts believe the Federal R
Bitcoin Falls to Lowest Since November in Risk-Asset Selloff
(Bloomberg) -- Bitcoin slumped to an almost two-month low as investors dumped riskier assets following a sharp rise in bond yields. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe original cryptocurrency dropped as much as 4.4% to $90,199 on Monday, its lowest since Nov. 18 and well below the peak of $108,316 it reached in