Bitcoin Holds at $84,500 as Market Liquidations Reach $341 Million

Bitcoin is consolidating near $84,500, while Ethereum remains steady at $2,690. Over the past 24 hours, the crypto market saw $341 million in total liquidations, with 83,583 traders affected. The 10-year U.S. Treasury yield reached a 19-year high of 5.11%, exerting pressure on risk assets. The Fear and Greed Index remains at 71, indicating a cautious but greedy market sentiment.