The spread between earnings yield, which is the inverse of the price-earnings (P/E) multiple and bond yield rose to 258 basis points, the highest in the five years, according to Bloomberg data.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest