Crypto Recovery Stalls As US Recovery Unsettles Markets It was a mixed weekend for crypto markets. Heading into Saturday, news of Joe Biden’s $1.9 trillion stimulus bill passing the Senate helped lift crypto prices across the board. But come Monday morning, the new reality of increasing treasury yields, and the spectre of rising interest rates brought prices back down with a thud. Last week, the total market cap numbers had been steadily declining to lows of $1.4 trillion. As the stimulus package bill passed its final hurdle on Friday however, global crypto markets hit $1.6 trillion.
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