Why Bitcoin could crash below $80K today after another failed rebound
Bitcoin
Bitcoin faced renewed pressure over the last few days as higher oil prices and rising US Treasury yields encouraged investors to reduce risk exposure. The continued disruptions to Middle East energy supply chains linked to the US-Iran conflict pushed Brent crude above $100 a barrel and the US 10-year Treasury yield beyond 5.3%. Those moves heightened concerns about inflation and financial conditions, weighing on Bitcoin's ability to sustain a recovery. Higher oil prices and yields dampen risk appetite Rising energy costs can complicate the inflation outlook, while higher Treasury yields increase the appeal of interest-bearing investments. Together, those pressures contributed to a more cautious trading environment for Bitcoin and other assets sensitive to changes in risk appetite.
BTC
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