MSTR, COIN, CRCL Stocks Slide With Bitcoin Below $84K Amid Treasury Yields Spike
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MSTR, COIN, and CRCL shares fell as Bitcoin dropped below $84,000 amid a sharp rise in Treasury yields. The move reflects broader risk-off pressure, with higher yields reducing appetite for volatile, crypto-linked assets and tightening financial conditions. Bitcoin’s decline weighed directly on crypto equities, underscoring their sensitivity to both digital-asset prices and macroeconomic shifts.
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