Bitcoin stabilized above $80,000, trading near $82,000 on Friday as Wall Street opened. South Korean tech stocks rebounded 2%, providing relief after a weeklong sell-off. Federal Reserve Chair Kevin Warsh gave no indication of further interest-rate hikes, pushing the probability of a 25-basis-point October hike down to 15% from 27% the previous day. The US 10-year Treasury yield stood at 5.07% after briefly reaching 5.13%, while the KOSPI and S&P 500 closed up 2% and 0.5% respectively.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
