The relative strength index of Bitcoin has significantly fallen below 30, marking its most pronounced oversold reading since March 2020.
Ey Crypto Assets
Ey Crypto Assets latest news, images, analysis about WebJun 30, 2022 · EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over.
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With Bitcoin reclaiming the $30K mark and established giants like PayPal venturing into the cryptocurrency domain, the convergence between conventional financial systems and the crypto sphere grows increasingly conspicuous.
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After reaching a 2023 peak of about 4.20% last week, the yield on the U.S. 10-year Treasury has now fallen below the 4% mark.
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