Bitcoin surges beyond $80K amid Fed rate hike. Nvidia forecasts doubled chip sales by 2027. Treasury yields hit 5%, pressuring stock markets.
BitMine (BMNR) stock gained 8% Friday, fueled by Ethereum’s 4.6% rally and heavy call options activity. Eightco disclosed $380M in assets.
The CFTC has submitted crypto regulatory proposals to the White House after the Senate rejected the Clarity Act, while the SEC introduces tokenized stock exemptions.
Bitcoin (BTC) surged 6% past $80,000, liquidating $250M in shorts as oil supply concerns and rising bond yields sparked a major rally on Friday.
Stock markets declined Friday as 10-year yields topped 5% and oil rose above $102. Traders now see higher odds of additional Fed rate hikes this year.
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Bitcoin surges beyond $80K amid Fed rate hike. Nvidia forecasts doubled chip sales by 2027. Treasury yields hit 5%, pressuring stock markets.
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