CryptoQuant Head of Research Julio Moreno said that Bitcoin's unrealized profit ratio rose to 33%, while profit-taking volume rose to 25,700 coins BTC, both reaching recent highs.
Barclays says persistently rising bond yields have pushed the relative appeal of stocks close to a multi-decade low, with U.S. stocks nearing a “tipping point.” The bank continues to maintain an overweight rating on equities but expects volatility to persist ahead of the third-quarter earnings season.
