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CoinGape 2021-02-26 04:15:05

Bitcoin (BTC) Tanks 7% Following Dow Jones Plunge In A Risk-Asset Sell-off, GBTC Premium Vanishes

On Thursday, February 25, the U.S. markets plunged with Dow Jones (INDEXDJX: .DJI) tanking over 500 points in a single day. The surge in the U.S. bond yield to 1.6% has created havoc in the global markets along with the fears of inflation forcing traders to reevaluate their position across different asset classes. The ripple effect The post Bitcoin (BTC) Tanks 7% Following Dow Jones Plunge In A Risk-Asset Sell-off, GBTC Premium Vanishes appeared first on Coingape.

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