$BTC was trading around $83,344, down 1.23% since midnight UTC. The broader market came under pressure as a bond selloff pushed the U.S. 10-year Treasury yield to its highest level since 2007.
Ether, XRP, and Solana also slipped, adding to the cautious mood. Traders are also keeping a close eye on Friday, when more than $17 billion worth of Bitcoin and Ether options are scheduled to expire on Deribit -a major event that could bring even more volatility. #BTC Price Analysis# #Macro Insights# #BTC #Bitcoin #Altcoin Season#
Ether, XRP, and Solana also slipped, adding to the cautious mood. Traders are also keeping a close eye on Friday, when more than $17 billion worth of Bitcoin and Ether options are scheduled to expire on Deribit -a major event that could bring even more volatility. #BTC Price Analysis# #Macro Insights# #BTC #Bitcoin #Altcoin Season#
