Bitcoin falls below $84K as 10-year Treasury yield hits 19-year high
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Bitcoin fell below $84,000 as the 10-year U.S. Treasury yield climbed to a 19-year high, reinforcing pressure on risk assets. The yield surge reflects tighter financial conditions and reduced expectations for near-term monetary easing, weighing on investor appetite for Bitcoin. The move highlights Bitcoin’s sensitivity to macroeconomic developments and rising opportunity costs from higher bond yields.
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