Bitcoin Holds Near $84,000 as Rising Yields and Oil Weigh on Market

Bitcoin Price Holds Above $83K as Oil Surge Limits Gains

The price of bitcoin experienced a turbulent 24 hours, fluctuating between $82,807 and $84,545 before settling near $83,150. Analysts noted that while tighter financial conditions and energy costs are temporarily capping non-yielding assets, bitcoin’s underlying technicals still suggest short-term consolidation within an uptrend rather than a structural reversal.   Intraday Charting Points to Sharp Reversals […]

Bitcoin Hovers at $84K as Treasury Yields Hold Near Multi-Year Highs

Analysts point to crude prices capping non-yielding assets, while spot ETFs have taken money in for eight sessions running.

Bitcoin Holds Near $84,000 as Rising Yields and Oil Weigh on Market

Bitcoin is holding near $84,000 as renewed US-Iran tensions, higher oil prices, and elevated Treasury yields weigh on risk appetite. Strong spot Bitcoin ETF inflows and corporate purchases are providing support, while traders await US economic data and assess changing Federal Reserve rate expectations.

Bitcoin Holds Above $80K as Treasury Yields Hit 2007 Highs and ETF Money Floods In

Bitcoin isn’t breaking. Not yet, anyway. Despite a rough stretch in mid-September that pushed the price below $75,000, Bitcoin clawed… Read the original on Bitcoin Holds Above $80K as Treasury Yields Hit 2007 Highs and ETF Money Floods In. For more crypto news and analysis, visit TheCurrencyAnalytics.com.