What is moving the market
The overall news sentiment is slightly negative, with an average score of 0.01. Concerns about inflation, interest rate hikes, and specific regulations are dampening the mood, although there are also positive reports on Bitcoin's performance and technological advancements.
Biggest risk
Bitcoin experienced a drop to $82,000, attributed partly to inflation fears and US economic data. Concurrently, the Bitcoin price is noted as being on track for its best third quarter in nine years, indicating a mixed picture with both downward pressure and resilience. The US 30-year Treasury yield is rising to its highest level since 2002, putting pressure on broader market interest rates.
