Bitcoin Drops as Rising Yields and Dollar Weigh on Crypto

macro

Bitcoin declined as higher Treasury yields and a stronger U.S. dollar reduced demand for risk-sensitive assets, including cryptocurrencies. The move reflects tightening financial conditions and diminished investor appetite for Bitcoin and other speculative assets. If yields and the dollar continue rising, Bitcoin could face further near-term pressure.

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https://news.google.com/rss/articles/CBMisgFBVV95cUxPSzJTNlFLOVduQU9HQW5vOFU0bHVCaXo2SlV6VEdPRW9nekhJUEJaVWxVb1p0N0tPWWRyekVKb1hHX3hpYzh1aXJvb2wzZlhRMDNTREpieFVCdEI3RmpucngwaDhsVk1mOWJYdmhOQ2hIZVFWWTdwcGpjakRyZDd2el9HWFozbUQxUmRhVGNUMkh6NTdyNm80UFh6S1pRV2tNV2VfLUdyaDNva1BUVDNnVjNR?oc=5

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