Bitcoin Falls Below $85,000 as 10-Year Yield Hits 19-Year High
Market / Price
Bitcoin (CRYPTO: BTC) slipped below $85,000 Wednesday, down 2%, as the US 10-year Treasury yield surged past 5% to levels unseen in 19 years. What Triggered the Yield Spike Widely-followed crypto analyst Bull Theory posted on X that the 10-year yield jumped right after September's flash PMI data blew past forecasts, with the composite PMI hitting a five-year high.
BTC
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