Shares of crypto-linked companies are trading amid a drop in Bitcoin as the 10-year Treasury yield hits a 19-year high.

Shares of software companies are trading lower amid a rotation out of technology and AI-related stocks. Rising inflation concerns and elevated oil prices are fueling expectations for further Fed tightening, while elevated borrowing costs could weigh on demand, valuations and debt metrics.

Bitcoin, Ethereum, XRP Gain, but Dogecoin Slips Amid Spike in Rate Hike Odds: Analyst Says Everything Is ‘Fine’ for BTC if It Trades Above This Key Level

Leading cryptocurrencies held on to their gains on Thursday, October 15. as the market digested back-to-back hot inflation readings and higher chances of rate hikes.

Bitcoin, Ethereum, XRP and Dogecoin Slide After Hotter-Than-Expected CPI: Analyst Says 'Decisive' BTC Breakout Soon

Leading cryptocurrencies sank alongside stocks on Wednesday, October 14, as higher-than-expected consumer inflation raised rate hike odds.

Shares of crypto-linked companies are trading lower as Bitcoin prices decline following the latest inflation data. Stronger-than-expected inflation has fueled expectations for tighter Federal Reserve policy, while rising Treasury yields and a stronger dollar are dampening risk appetite and weighing on speculative assets.

Shares of software companies are trading lower amid a broader technology sell-off led by declines in Micron and other semiconductor stocks. Comments from Intel and Broadcom CEOs that limited access to capital could constrain AI expansion, despite strong demand for computing infrastructure, are adding to concerns about the sustainability of tech-sector growth.

Shares of crypto-linked companies are trading lower amid a drop in Bitcoin after rising yields, a stronger dollar and ongoing conflict in the Middle East cool risk appetite.