Geopolitics Alpha

Bitcoin hovers near $73,700 after 8.3% weekly slide as US inflation fuels Fed rate hike concerns

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GEOPOLITICS ALPHABitcoin hovers near $73,700 after8.3% weekly slide as US inflationfuels Fed rate hike concernsGEOPOLITICS ALPHA

This report is about US interest rates and crypto.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF+0.0% 18d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF+0.4% 18d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IBIT iShares Bitcoin Trust-7.9% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.

  • TIP iShares TIPS Bond ETF+0.9% 18d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • JPM JPMorgan Chase-0.1% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-11.4% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • COIN Coinbase Global-29.1% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

  • MSTR Strategy-16.1% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+1.21%+1.27%baseafter closeafter closeafter closeafter close
IEF+1.16%+0.95%baseafter closeafter closeafter closeafter close
IBIT+1.92%+0.19%baseafter closeafter closeafter closeafter close
TIP+0.93%+0.72%baseafter closeafter closeafter closeafter close
JPM-1.72%-0.42%baseafter closeafter closeafter closeafter close
BAC-1.69%-0.16%baseafter closeafter closeafter closeafter close
COIN+0.29%-0.14%baseafter closeafter closeafter closeafter close
MSTR+5.87%+2.70%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Bitcoin hovers near $73,700 after 8.3% weekly slide as US inflation fuels Fed rate hike concerns Moneycontrol.com

Source: moneycontrol.com

This story

CompanyWhenMoveStatus
BACthree days earlier-0.16%final price
BACfive days earlier-1.69%final price
COINthree days earlier-0.14%final price
COINfive days earlier+0.29%final price
IBITthree days earlier+0.19%final price
IBITfive days earlier+1.92%final price
IEFthree days earlier+0.95%final price
IEFfive days earlier+1.16%final price
JPMthree days earlier-0.42%final price
JPMfive days earlier-1.72%final price
MSTRthree days earlier+2.70%final price
MSTRfive days earlier+5.87%final price
TIPthree days earlier+0.72%final price
TIPfive days earlier+0.93%final price
TLTthree days earlier+1.27%final price
TLTfive days earlier+1.21%final price

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This story

12 out of 100

“Bitcoin hovers near $73,700 after 8.3% weekly slide as US inflation fuels Fed rate hike concerns” scores 12 out of 100. The score uses 1 sources.