2 days ago
Bitcoin Faces Historic Bond Yield Pressure as BTC Tests Range High
TLDR: US bond yields hit historic highs, creating Bitcoin’s toughest macro backdrop yet 60% probability of a rate hike before year-end pressures crypto risk appetite BTC tests $63,900 range high, with $65K and $66.8K eyed for shorts Pullback to $61-62K region could offer long opportunities for traders Bond yields have climbed to historic highs, creating [...]
The post Bitcoin Faces Historic Bond Yield Pressure as BTC Tests Range High appeared first on Blockonomi.
Source: Blockonomi →Related News
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