Crypto World
BTC slips below $73,000 in continued sluggish trade
The most recent of the floated Middle East peace deals appears to have more legs than the dozen or so previous ones. Stocks continue to gain, bond yields are easing, and oil has fallen back to close to a three-month low.
No bit of news, though, has been able to lift crypto prices.
Bitcoin (BTC) has fallen back to $72,500 in morning U.S. trade, down about 0.5% over the past 24 hours and lower by 5.5% over the past week. Other crypto majors are posting similar declines.
Bitcoin began May at about $77,000, so absent a sizable rally over the next 60 hours, BTC will be negative for the month, ending a two-month winning streak.
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