Bitcoin Rebounds to $84K as US 30-Year Yields Hit 24-Year Highs
6 Articles
6 Articles
Chainlink Jumps 12% as Bitcoin Reclaims $84K
TL;DR: Bitcoin rebounded above $84,000 even as the U.S. 30-year Treasury yield hit 5.58%, its highest level since 2002, and the 10-year yield reached 5.26%. Chainlink surged toward $15.33 while Aave climbed near $155.27, with DeFi and infrastructure tokens leading the broader crypto recovery. Falling leverage and positive funding suggest the rebound is not overheating, ...
The bitcoin (BTC) is traded at the US$84 thousand on the morning of Tuesday (29), with a height of just over 1% in the first hours of the day. The global cryptocurrency market operates high today, reversing the losses of the eve and trying to look for higher resistance levels. In the traditional market, the [...]
Bitcoin rebounds to $84K as US 30-year yields hit 24-year highs
Bitcoin held its ground into Tuesday, brushing up against a key technical threshold as macro pressures intensified. The rebound came as US bond yields climbed to multi-decade highs, and on-chain analytics warned that profit-taking is increasingly shaping market momentum. While BTC bounced toward the mid-$80,000s, analysts pointed to a narrower window of protection below. At [...]
Bitcoin continues to trade in a well-defined range, with the lower limit at $83,000 and the upper limit at $85,000, while it is currently hovering around the middle of the range. The largest cryptocurrency made a strong rally last Monday, after recovering from a drop to $80,000 over the weekend. In about 12 hours, Bitcoin strengthened by more than $7,000, surpassing $87,000 for the first time since late January. The first decline brought the pri…
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