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Bitcoin Plunges Below $76,000 as Treasury Yields Spike Past 5%

Crypto Briefing Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin dropped below $76,000 after US 10-year Treasury yields surged past 5% and expectations of an FOMC rate hike grew.
  • Over $98 million in long positions were liquidated following a rejection near $79,600, driving the Crypto Fear & Greed Index down to 67.
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BTCUSD price history

75884.48 +15.43% over the displayed period

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