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Tag: highs
XRP Lags Behind 2017-Cycle Highs While Major Cryptocurrencies Flourish
Holding digital assets is widely touted throughout the cryptocurrency community as a foundational strategy for long-term wealth accumulation. However, nearly nine years after the historic market mania of late 2017 and early 2018 brought digital currencies into the mainstream global consciousness, market performance has proven that not all tokens are created equal. While major cryptocurrencies…
Dollar Rally Loses Momentum as Fed Urgency Fades and Yields Find Buyers at Two-Decade Highs
The remarkable rally that propelled the US Dollar higher over recent weeks has hit a notable speed bump, though market analysts emphasize that a loss of momentum is not the same as a change in direction. The US Dollar Index (DXY) recently stalled at 102.232 after touching a peak of 102.536, weighed down by shifting…
Bond Bloodbath Deepens as 10-Year Yield Hits 2002 Highs and Hedge Fund Leverage Sparks Systemic Fear
The U.S. Treasury market is currently mired in a severe downturn, and the very sector stepping in to prop it up could ultimately deepen the unfolding crisis. Overnight, the 10-year Treasury yield surged to 5.33 percent, marking its highest level since 2002. Brien Lundin, publisher of the Gold Newsletter, aptly characterized the severe market drop…
