Bitcoin tests critical $76,000 support level amid macro energy shock
Bitcoin dropped below $77,000 on September 10 as oil prices exceeded $100 and a global bond selloff increased expectations for a Federal Reserve rate hike. Bitcoin reached an intraday low of $76,676.07, while Nasdaq 100 futures declined by 0.7% and the 10-year Treasury yield rose to 4.93%, with the 30-year yield hitting a 19-year high of 5.35%.
Summaries are written by AI from the original article. Not investment advice.