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Bitcoin Retreats Below $80K as Yield Spikes and Liquidations Weigh

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

News Summary

  • Bitcoin fell below $80,000 alongside broader crypto declines as rising Treasury yields and Middle East tensions sparked risk-off sentiment.
  • Nearly $390 million in longs were liquidated, with whales remaining on the sidelines ahead of CPI and FOMC meetings, raising the risk of further downside toward $74,000.
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BTCUSD price history

76734.32 +13.76% over the displayed period

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