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Bitcoin Drops to $84K as Bond Yields Hit 5.11%: What Next?
The post Bitcoin Drops to $84K as Bond Yields Hit 5.11%: What Next? appeared first on Coinpedia Fintech News Bitcoin (BTC) has shed 2.06% in value in the day, missing the $87,000 resistance line and pulling back to…
· 1 min read · 151 words · via Coinpedia
Wire briefing
The post Bitcoin Drops to $84K as Bond Yields Hit 5.11%: What Next? appeared first on Coinpedia Fintech News Bitcoin (BTC) has shed 2.06% in value in the day, missing the $87,000 resistance line and pulling back to $84,425 at press time. Other than rising speculations of increased aggressiveness in the Middle East conflict, the drop is also a short-term consequence of the recent hike in US government bond yields. Bitcoin drops amid spike …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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