Bitcoin Live Updates

Bitcoin Faces Pressure as Treasury Yields Climb

Analysts caution that heightened yields could diminish investor interest in speculative assets, as safer returns become increasingly appealing. Rising long-term US borrowing rates have come back into attention after a recent auction of 30-year Treasury notes, which were sold at a yield of 5.06%. Specifically, it has reignited apprehension among certain market analysts regarding the … Read more

Bitcoin Live News

Bitcoin Falls Under $77K Amid Oil Shock and Rising Treasury Yields

Bitcoin BTC$76,985.53 dipped below the $77,000 mark on Monday in Asia, influenced by climbing oil prices and Treasury yields that weighed on risk assets. Meanwhile, prediction-market traders maintained a low probability for any immediate relief from the Federal Reserve. The decision arrives amid a backdrop of increasingly unfavorable macro conditions for the cryptocurrency market. The … Read more

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