2min chapter

Bloomberg Intelligence cover image

Bonuses Set to Grow on Wall Street, Home Depot Earnings

Bloomberg Intelligence

CHAPTER

Rising Mortgage Rates and Bitcoin's Surge

This chapter highlights the challenges homeowners face with mortgage rates peaking at 6.81% while exploring the remarkable 27% rise in Bitcoin's price influenced by U.S. ETFs. It also examines the correlation between Bitcoin and U.S. equities, suggesting Bitcoin's trading behaviors align more with leveraged assets than traditional stores of value.

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