Bitcoin price stays under $77K as US bond yields near 20-year highs BTC price stayed pinned below $77,000 amid rising US bond yields and oil prices, with market analysts saying Bitcoin is now at a “crucial level of support.” Bitcoin (BTC) consolidated near month-to-date lows on…
esday as surging US bonds punished stocks and safe havens. Key points: – Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields. – Catalysts, such as high oil prices, continue to impact market sentiment with the US-Iran war stakes still high. – Bitcoin is now at a “crucial level of support,” the latest market analysis warns
US 30-year yields reach highest since 2007 Data from TradingView showed BTC/USD lingering below $77,000 around the Wall Street open while preserving the previous day’s floor. BTC/USD one-hour chart.