Bitcoin trades around $84,000 after profit booking as rising US Treasury yields pressure crypto markets
Rising Treasury yields and softer ETF demand are pressuring Bitcoin as traders trim risk after a rally, while altcoins and futures open interest also ease.
83 Articles
83 Articles
Bitcoin Faces $85,000 Resistance Hurdle As Bond Yields Keep Surging
Bitcoin (BTC) reversed its latest gains after Tuesday’s Wall Street open as US bond yields continued to set multidecade highs. Key points: Bitcoin abandoned a low-time frame rebound after reaching $84,450, dipping back below $83,000. US bond yields set new multidecade highs on Tuesday as gold sought to recover from a 3.6% drop to $4,115 […]
As Trump rejects Iranian cease-fire proposal, Wall Street Journal reports plans to resume bombing after midterms
US President Donald Trump rejected an Iranian proposal for a seven-day cease-fire Saturday, after the Wall Street Journal reported he told aides he expected to resume bombing after the November 3 midterm elections.
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