A tech-led sell-off in the US stock market has been picking up pace this week as long-term US bond yields vault higher in wake of continued strong US economic data and Fitch’s recent downgrade of the US government’s credit rating, but this is yet to translate into material downside in the crypto market.
Indeed, the likes of bitcoin (BTC) and ether (ETH) continue to go sideways within familiar ranges, with BTC just above $29,000 and ETH just below $1,850….
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