Bitcoin just slipped back under $84,000. 📉
After days of breaking records, the rally hit a wall:
📊 US Treasury yields hit their highest level since 2007
🛢️ Oil prices rebounded, adding pressure on risk assets
📈 The strongest US business survey in 5 years pushed borrowing costs even higher
🐕 $DOGE led the losses, down 8%
Higher yields make safer assets more attractive, so risk assets like crypto often feel it first.
Adding to the mix: $18.1 BILLION in $BTC and $ETH options expire this Friday, with a call-heavy book that could swing volatility either way.
Is this a healthy pullback after the run to $87K, or the start of something bigger?
Where does $BTC go from here? 👇
#bitcoin #CryptoNewss #btc #BinanceSquare
After days of breaking records, the rally hit a wall:
📊 US Treasury yields hit their highest level since 2007
🛢️ Oil prices rebounded, adding pressure on risk assets
📈 The strongest US business survey in 5 years pushed borrowing costs even higher
🐕 $DOGE led the losses, down 8%
Higher yields make safer assets more attractive, so risk assets like crypto often feel it first.
Adding to the mix: $18.1 BILLION in $BTC and $ETH options expire this Friday, with a call-heavy book that could swing volatility either way.
Is this a healthy pullback after the run to $87K, or the start of something bigger?
Where does $BTC go from here? 👇
#bitcoin #CryptoNewss #btc #BinanceSquare