The US 10-year Treasury yield stands at 3.28 percent, up five basis points on expectations that the Fed will continue to raise interest rates to suppress inflation. The dollar index, which continues its downward movement during the day, is trading at 104. While there is upward movement throughout the day in futures indices, the mixed course in commodities continues.
Parallel to the rises in the futures indices, there is a rise in the crypto money market, led by Bitcoin. Another reason for the rise in the market is that short transactions in the crypto asset futures markets, which have a direct impact on pricing for a long time, are more suppressed than long transactions. At the time of writing, Bitcoin is at $21,000, while the leading altcoin Ethereum is trading at $1,150. The total market value, which fell to the level of 760 billion yesterday, has increased to the level of 900 billion today.