BREAKING đš
Bitcoin drops to $83,300 as 10âyear Treasury yields climb to their highest level since 2007 đ.
The 10âyear yield surged to a 2007 peak, dragging U.S. equities lower and pressuring crypto markets. Heightened yield expectations sparked a sellâoff across risk assets, with Bitcoin slipping more than 2% in minutes. Asian and European traders entered the market, buying the dip and stabilising prices near the $84,000 zone. Analysts warn that sustained yield pressure could keep volatility elevated as investors reassess risk appetite đ.
Market participants will monitor upcoming economic data for signs of yield normalization and its impact on crypto sentiment đ.
$NIL, $NOM, $NIL
Bitcoin drops to $83,300 as 10âyear Treasury yields climb to their highest level since 2007 đ.
The 10âyear yield surged to a 2007 peak, dragging U.S. equities lower and pressuring crypto markets. Heightened yield expectations sparked a sellâoff across risk assets, with Bitcoin slipping more than 2% in minutes. Asian and European traders entered the market, buying the dip and stabilising prices near the $84,000 zone. Analysts warn that sustained yield pressure could keep volatility elevated as investors reassess risk appetite đ.
Market participants will monitor upcoming economic data for signs of yield normalization and its impact on crypto sentiment đ.
$NIL, $NOM, $NIL