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  • Jan 13, 2025

Bitcoin Falls to Lowest Since November in Risk-Asset Selloff

(Bloomberg) -- Bitcoin slumped to an almost two-month low as investors dumped riskier assets following a sharp rise in bond yields. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoThe original cryptocurrency dropped as much as 5.3% to $89,329 on Monday, its lowest since Nov. 18 and well below the peak of $108,316 it reached in December. Other cryptoassets were down even more, with Ether and Sol

  • Jan 13, 2025

Fed’s Balance-Sheet Dynamics Still Weigh Heavy Five Years On

(Bloomberg) -- As the Federal Reserve continues to unwind its balance sheet, it’s still dogged by the same issues that it faced more than five years ago.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoWhile market dynamics have evolved, the main issue facing policymakers and investors is how to measure liquidity in the financial system and avoid turmoil that forced the Fed to intervene in Septe

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