Live updates: promos, term changes, new challenges, payouts.
Japanese Metaplanet announced the issuance of bonds worth ¥52 billion ($329 million). The funds will go toward repaying Bitcoin-backed loans and buying back shares, while the company does not plan to sell its 44,000 BTC.
October 12 is a holiday in the US - Columbus Day. The stock market is open, but government bond trading is closed, so investors are temporarily left without one of the main benchmarks of recent weeks - Treasury yields.
U.S. spot Bitcoin ETFs lost $244.1 million on October 8, and a day earlier the outflow was $484.9 million. Over two sessions, about $729 million exited the category, while Ethereum ETFs remain in the red for the eighth consecutive trading day.
Initial jobless claims in the US came in at 197K versus a forecast of 200K. The market read the data as a signal of no mass layoffs: government bond yields rose, while US indices moved lower.
Gold declined after the publication of the minutes of the September Fed meeting. XAU/USD briefly dropped to $4,066, the lowest level in about two months, amid a stronger dollar and rising US bond yields.
The September New York Fed survey showed Americans' one-year-ahead inflation expectations rising to 3.9% versus 3.6% a month earlier. This is the highest reading since May 2023 and another argument for the Fed to remain cautious with rates.
The DXY dollar index rose to 102.35, approaching the yearly high of 102.50. The main support for the dollar comes from US Treasury yields, which are near more than two-decade highs.
On October 7, Bitcoin broke through $83,000 and dropped to $82,734 on Bitstamp, updating its October low. Pressure came from external markets: Brent rose above $102, and US government bond yields reached 24-year highs.
The yield on 30-year US Treasury bonds has risen to 5.70%, the highest level since 2002. Rising yields increase pressure on gold, raise borrowing costs and make stocks less attractive relative to government debt.
EUR/USD lost about 0.85% on Monday and fell just above 1.1150, hitting its lowest since May 2025. Pressure on the euro intensified due to rising French government bond yields and uncertainty surrounding the country's budget.
