ECB Rate Hike Sends Bitcoin Below $77K

Bitcoin fell below $77,000 as the European Central Bank raised rates, United States producer inflation remained hot annually, oil reached fresh cycle highs and Treasury yields climbed. Today’s episode asks whether yesterday’s safe-haven behavior was a signal or a one-session exception.

Also covered: Nasdaq investing $100 million in Kraken parent Payward, MoneyGram launching a stablecoin-backed Visa card in Colombia, Arya.ag building blockchain records for approximately $2 billion of stored grain, Singapore Exchange opening Bitcoin and Ether perpetuals to eligible United States institutions, and researchers cutting a key quantum-attack estimate by more than 50%.

Listener question: Does Bitcoin’s fall below $77,000 prove yesterday’s safe-haven behavior was noise, or would you need several more oil and equity shocks before deciding?

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#Bitcoin #BTC #ECB #InterestRates #Inflation #OilPrices #Nasdaq #Kraken #Payward #MoneyGram #USDC #Stellar #Avalanche #AryaAg #SGX #QuantumComputing #CryptoNews #DailyCryptoRoundup

These notes are supplied by Crypto News Today and are not a transcript. No separate source links were supplied with this edition.