đš BREAKING NEWS: Bitcoin price fails to break higher after best weekly close in eight months
Bitcoinâs highest weekly close in eight months formed low-timeframe resistance at the start of Mondayâs US trading session.
Bitcoin (BTC) fluctuated around $86,000 after Mondayâs Wall Street open as US bond yields continued to rise.
Data from TradingView showed BTC/USD struggling to move beyond its weekly open level near $86,500 after the highest weekly close since late January.
US bond yields, already under scrutiny, headed higher on the day. The 30-year yield passed 5.67% once again, just two basis points below 24-year highs seen last week. The 10-year yield returned to 5.31%, with last weekâs high at 5.34%.
đ [Äá»c toĂ n bá» bĂ i viáșżt táșĄi báșŁn gá»c](https://cointelegraph.com/markets/bitcoin-price-fails-to-break-higher-after-best-weekly-close-in-eight-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
đ° Nguá»n: đȘ CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
Bitcoinâs highest weekly close in eight months formed low-timeframe resistance at the start of Mondayâs US trading session.
Bitcoin (BTC) fluctuated around $86,000 after Mondayâs Wall Street open as US bond yields continued to rise.
Data from TradingView showed BTC/USD struggling to move beyond its weekly open level near $86,500 after the highest weekly close since late January.
US bond yields, already under scrutiny, headed higher on the day. The 30-year yield passed 5.67% once again, just two basis points below 24-year highs seen last week. The 10-year yield returned to 5.31%, with last weekâs high at 5.34%.
đ [Äá»c toĂ n bá» bĂ i viáșżt táșĄi báșŁn gá»c](https://cointelegraph.com/markets/bitcoin-price-fails-to-break-higher-after-best-weekly-close-in-eight-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
đ° Nguá»n: đȘ CoinTelegraph
$BTC $ETH #BinanceSquare #CryptoNews
