BTC

Trade volumes for inverse bitcoin ETFs — which provide short exposure — are surging alongside institutional investor inflows

High correlation between crypto and the broader equity markets and concerns over inflation still need to be watched in the second half of the year, analysts say

The risk-off sentiment in markets is here to stay, analysts say

Such products, not yet approved in the US, come with risks but are a good access point for institutions, they say

Bitcoin has only fallen this much during a single day on one other occasion this year

It marks the second largest weekly crypto redemptions this year

The digital payments company is also working to make bitcoin transactions possible at in-store merchants around the world

Bitcoin and equities rallied late in the session, suggesting rate hikes may be mostly priced in and may not push markets down in the future

Investors are likely expecting a non-aggressive approach to interest rates following Wednesday’s change, leading to a jump in markets

The EU bill to regulate crypto removed language that would have effectively banned mining, sending crypto markets up, while equities fell amid tensions with Russia