Crypto
Bitcoin slides to $83,300 as bond yields hit highest level since 2007
The 10-year Treasury yield reached its highest since 2007, sending U.S. stocks and crypto lower before Asian and European traders bought the dip.
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The dollar index (DXY) added 0.13% to 101.24 - its highest level since July, while gold is down by 0.71% to $4,257 and U.S. equity futures trend lower again. S&P 500 futures lost 0.61% while Nasdaq 100 tumbled by more than 1%.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.