$BTC is down 3.52% over 24 hours at $83,242 as a Treasury headline draws attention: Watcher.Guru reports the US 30-year yield has risen to 5.70%, its highest level since 2002.
That puts a decades-high Treasury yield alongside a daily Bitcoin decline, but the supplied data does not establish that one caused the other. The catalyst for Bitcoin’s move is not confirmed. Will Treasury yields become the next focus for crypto traders?
That puts a decades-high Treasury yield alongside a daily Bitcoin decline, but the supplied data does not establish that one caused the other. The catalyst for Bitcoin’s move is not confirmed. Will Treasury yields become the next focus for crypto traders?