Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of companies in the broader technology sector, including NVIDIA Corporation (NASDAQ:NVDA), Micron Technology, Inc. (NASDAQ:MU) and Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading lower after the 10-year US Treasury yield reached a two-year high, which has pressured valuations.
The 10-year US Treasury yield reached a high of 1.84% on Tuesday at the time of publication. This rise in US Treasury yields has pressured growth sectors.
NVIDIA shares were trading about 3% lower at $261.31 per share at the time of publication.
Micron shares were trading about 3% lower at $94.49 per share.
AMD shares were trading about 2.4% lower at $133.62 per share.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!