Bitcoin Follows US Bond Yields Higher as BTC Returns to $81,000
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12 Articles
Cointelegraph
The New York LedgerBitcoin Follows US Bond Yields Higher as BTC Returns to $81,000
Bitcoin gains more than 6% to return to $81,000 as analysis anticipates a showdown with resistance from mid-May.
Bitcoin bounces strongly above $81,000 after several days under pressure. Between return of institutional flows, relaxation on oil, regulatory signals in the United States and awakening of the altcoins, the crypto market regains momentum. But some technical levels will still have to be crossed to confirm a true return of the bull run. The Bitcoin article, Ether, XRP rising: the confirmed bull run ? appeared first on Cryptoast.
The cryptocurrency market has seen a sharp rise in the last 24 hours
Bitcoin Breaks $81K as $250M in Shorts Burn and Bond Yields Hit 5.34%
Bitcoin punched through $81,000 Friday. It didn’t creep there — it ripped, dragging a mountain of short positions with it.… Read the original on Bitcoin Surges Past $81K as $250M in Shorts Liquidated Amid Rising Bond Yields. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin Price Hits $81K as BTC Shrugs Off Regulatory and Rate Fears
TLDR: Bitcoin rebounded above $80K after regulatory, rate, and security fears pressured market sentiment. The Fed raised rates 25 bps to 3.75%-4.00%, adding fresh pressure to crypto risk assets. BTC faces key resistance at $82K-$84K, while $75K remains a critical support zone. A sustained move above $85K-$86K could shift attention toward the $88K-$95K range. Bitcoin [...]
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