Bitcoin Price Faces Pressure as U.S. Treasury Yield Hits 22-Year High
15 Articles
15 Articles
Bitcoin Drops to $83,200 as Fed Rate Hike Fears Grip Traders
Bitcoin fell hard Thursday. The price slid to $83,200 after investors got spooked by fresh fears that the Federal Reserve… Read the original on Bitcoin Plummets to $83,200 as Fed Rate Hike Fears Rattle Traders. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Rising Treasury Yields Trigger Bitcoin Drop Amid Growing Crypto Credit Market Expansion
A 19-year high in 10-Year Treasury Yields is driving Bitcoin below $84K, while TRON leads in transaction volume and the crypto credit market expands toward $56.16B, alongside regulatory scrutiny and exchange instability.
Crypto Market Drops Below $3T as Treasury Yields Top 5%
Key Insights: On Sept. 23, US Treasury Yields surged past 5%, putting a brake on the crypto market rally. Bitcoin price has once again retraced below the $85,000 level, as the overall crypto market correction stands at 2.4%. Analysts are now pricing in an October rate hike, as investors assess the market’s direction going forward. […]
Bitcoin Price Faces Pressure as U.S. Treasury Yield Hits 22-Year High
Key Insights: Bitcoin price fell 2.8% to $83,443 as Treasury yields and the dollar moved higher. Tradeweb recorded a 5.444% 30-year yield, the highest reading since 2004. U.S. spot Bitcoin and Ether ETFs attracted a combined $452 million on September 23. Bitcoin price faced new pressure on Thursday...
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