Bitcoin Liquidity Thickens at $84,000 as US Bond Yields Cool
7 Articles
7 Articles
Bitcoin Holds Local Uptrend as US Bond Yields Retreat From 24-Year Highs
Bitcoin pushed above $84,000 during the early hours of the latest Wall Street session, riding a brief easing in U.S. bond yields after they printed fresh multi-decade highs. The move keeps the market focused on whether BTC can establish reliable support before a likely deeper pullback tests prior demand zones. At the same time, macro [...]
Bitcoin Breaks Above $84,000 as Bond Yields Retreat — But a Messy Pullback May Be Coming
Bitcoin moved back above $84,000 as Wall Street opened on Thursday, October 1, with the cryptocurrency finding support as US Treasury yields pulled back from fresh multidecade highs. BTC/USD was up around 0.6% on the day, with hourly price action continuing to form a sequence of higher lows. Traders were closely watching whether Bitcoin could […]
Bitcoin Holds $84,000 as Treasury Yields Retreat From 24-Year Highs
Bitcoin traded above $84,000 on Thursday as US Treasury yields pulled back from multidecade highs. The 10-year yield touched 5.342%, its highest since April 2002, then fell to 5.251% after the Wall Street open.BTC is up 0.6% on the day. Hourly charts still show a pattern of higher lows, which bulls want to protect in the first October session.How Yields Reached This PointBond yields have climbed for weeks. On Monday the 30-year yield hit 5.58%, …
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