Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin (BTC): $20,237 −2.8%

Ether (ETH): $1,157 −3.4%

S&P 500 daily close: 3,821.74 −2.0%

Gold: $1,820 per troy ounce −0.0%

Ten-year Treasury yield daily close: 3.2% +0.01

Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices.

Originally Posted on: https://www.coindesk.com/markets/2022/06/28/market-wrap-finger-pointing-and-job-cuts-as-bitcoin-slides-back-toward-20k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Bradley Keoun, Jimmy He, Krisztian Sandor

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