Bitcoin trades around $77,000 amid macro pressures and geopolitical risk

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Bitcoin trades around $77,000 amid macro pressures and geopolitical risk

⚡ Markets: Crypto assets are reacting to macro pressures, with prices falling alongside equities and bonds amid rising yields and geopolitical risk. The sector continues to build infrastructure, such as new regulated derivatives products.BTCETHXRPCOIN

Bitcoin and the broader cryptocurrency market experienced volatility, with prices reacting to the global bond market sell-off and escalating conflict in the Middle East. The price action demonstrates crypto's current correlation with traditional risk assets, while ecosystem developments like Coinbase's derivatives launch in Canada continue.

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20 sources across the spectrum

Financial pressCoinDesk — Bitcoin back above $77,500, XRP leads majors as Fed hike odds slide to 62%

Financial pressCointelegraph — Coinbase launches regulated crypto derivatives in Canada

Financial pressDecrypt — Crypto Groups Push SEC for Tailored Rules on Novel ETFs

Financial pressCointelegraph — Ondo urges SEC, CFTC to bring US stock perpetuals onshore

Financial pressCointelegraph — Bitcoin’s apparent demand turns negative as price struggles with $77K

Financial pressCoinDesk — Live updates: Bitcoin trades near $77,000, with central bank policy rate decisions taking center stage

Financial pressDecrypt — Tether Sued Over Alleged Unlawful Freeze of $42.4 Million in USDT

Financial pressCoinDesk — A Fed rate increase would be a mistake, some observers say as bitcoin, gold, stocks fall

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