The market struggles amid rising oil prices and bond yields
2026-10-12 19:22:51
CoinMeta data: The market started cautiously amid rising oil prices and bond yields. Bitcoin trading prices just exceeded $83,000, and gold was around $4,180 per ounce, both down by about 0.5%. Tech futures saw a slight decline, while crude oil prices WTI rose slightly, exceeding $92 per barrel. Bond yields are also on the rise, and bond prices have fallen. After a brief rebound in the second half of last week, long-term U.S. Treasury ETF TLT yields increased by more than 2%. The dollar remains strong, with the DXY index above 102.4. This week's key macroeconomic event is the U.S. inflation report on Wednesday, with core inflation expected to be 2.5% and overall inflation expected to be 3.7%, which would mark a reacceleration from last month. IREN The company has transitioned from bitcoin mining to AI infrastructure and signed a multi-year cloud service agreement with an artificial intelligence company Anthropic. IREN The stock price rose 4% before the market opened.
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Source:CoinDesk
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