Stephen Alpher

Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Recent

Markets

Bitcoin

Bitcoin Slides Back Towards $26K as Surging Interest Rates Trigger Macro Jitters

The U.S. 10-year Treasury yield rose another nine basis points Wednesday to a new 16-year high of 4.63%.

By Stephen Alpher Sam Reynolds

Sep 27, 2023 at 6:14 p.m. UTC

Sep 27, 2023

BitcoinInterest RatesOilStocksMarket Wrap

Bitcoin slips as rates stay high (CoinDesk)

Markets

Market wrap

Bitcoin Barely Holds $26K as Interest Rate Surge Continues

Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking another 1% to its lowest level since early June.

By Stephen Alpher

Sep 26, 2023 at 4:58 p.m. UTC

Sep 26, 2023

Market WrapBitcoinbtcInterest rate

Markets

Federal reserve

Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell

The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously projected.

By Stephen Alpher Krisztian Sandor

Sep 20, 2023 at 6:30 p.m. UTC

Sep 20, 2023

Federal ReserveFOMCBitcoinInterest Rates

Markets

Bitcoin

Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision

The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.

By Stephen Alpher

Sep 19, 2023 at 8:34 p.m. UTC

Sep 19, 2023

BitcoinbtcFederal ReserveMarket Wrap