CoinScoopBitcoin Drops Below $84,000 as 10-Year Treasury Yield Hits 19-Year High
Bitcoin fell below $84,000, retreating from recent highs as the 10-year U.S. Treasury yield reached 5.11%, its highest close since 2007. The market decline follows strong U.S. economic data, including a jump in the S&P Global Composite PMI to 58.4, which signaled rising input costs and business growth. Other major assets, including Dogecoin, XRP, ether, and solana, also saw significant losses.
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