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'The bond market bubble has burst' — 5 things to know in Bitcoin this week

Published 09/26/2022, 04:08 AM
Updated 09/26/2022, 05:40 AM
'The bond market bubble has burst' — 5 things to know in Bitcoin this week
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Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years.

As risk assets across the global economy take a hammering and the U.S. dollar surges, the largest cryptocurrency is on a limp footing.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
BTC/USD 4-hour candle chart (Bitstamp). Source: TradingView
GBP/USD 1-day candle chart. Source: TradingView
U.S. dollar index (DXY) 1-month candle chart. Source: TradingView
Bitcoin 90-day Coin Days Destroyed (CDD) annotated chart. Source: Glassnode/ Twitter (NYSE:TWTR)
Bitcoin HODL Waves annotated chart. Source: Glassnode/ Twitter
Bitcoin whale resistance annotated chart. Source: Whalemap/ Twitter
Bitcoin whale ownership annotated chart. Source: Santiment/ Twitter
Crypto Fear & Greed Index (screenshot). Source: Alternative.me
Bitcoin social dominance annotated chart. Source: Santiment/ Twitter

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