Bitcoin Hovers at $84K as Treasury Yields Hold Near Multi-Year Highs

Bitcoin hovered around $84,000 as elevated U.S. Treasury yields kept pressure on risk assets. Yields near multi-year highs reflect persistent concerns over inflation, interest rates, and the fiscal outlook, limiting near-term upside for Bitcoin. The market’s stability at this level suggests resilience, but sustained yield strength could continue to cap gains and increase volatility.