Mixed | Crypto

The crypto market shed 2.3% on Oct. 7, and the 42-day Treasury bill auction released at approximately 13:00 ET appears to have catalyzed the broad risk-off move. The stop-out yield at 4% came in above the median of 3.97%, signaling investors demanded higher compensation to hold short-dated government debt. The uptick in short-end rates tightened […] The post Why is everything dumping? Mixed treasury auction results point to risk-off appeared first on CryptoSlate.