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Bitcoin ETF Enthusiasts Hit as Fake News Fuels $85 Million Liquidation

(Bloomberg) -- An erroneous news report that sparked a brief 10% rally in Bitcoin is shining a spotlight on a crypto industry that’s waiting with bated breath for the arrival of mass-market ETFs to revitalize its fortunes. Most Read from BloombergYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Tells Blinken to Brace for ‘Long War’US Pushes to Contain Israel-Hama...
United States Muyao Shen Todd Sohn Bloomberg Businessweek Michael Orourke Roxanna Islam
Source: yahoo.com

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Investors are leaving stocks for the allure of risk-free payouts in bonds

The S&P 500 Index fell below its average price over the last 50 days on Tuesday for the first time in more than three months, while global bond yields reached their highest levels in 15 years this week. Investor sentiment also took a hit on news of Chinas property crisis and troubles in its shadow banking system
United States Ulrich Urbahn Michael Orourke John Roe Bill Gross Ed Yardeni

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