CoinScoopBitcoin Dips Below $84,000 Amid Rising Treasury Yields and Oil Prices
Bitcoin (BTC) fell below $84,000 to $83,248, marking a 1.34% decline over 24 hours. The asset faces pressure from the 10-year U.S. Treasury yield reaching 5.17%, its highest level since 2007, which increases the appeal of risk-free assets. Additionally, Brent crude oil prices have climbed to $98.34, further straining market sentiment. Despite the daily dip, Bitcoin maintains gains of 2.30% over the past week and 7.32% over the past month.
Summaries are written by AI from the original article. Not investment advice.