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via Cointelegraph · By Cointelegraph Staff
Bitcoin at 'Crucial' Support as US Bonds Pressure Crypto, Stocks and Gold
BTC
BTC/USDT
$63,016.01
+0.36%
$63,016.01
+0.36%
(24s)24h Volume
$10,851,132,763.97
24h H/L
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
Long/Short
61.9%
Long: 61.9%Short: 38.1%
Funding Rate
+0.0029%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(04:00 PM UTC)
1 min read
1300 views
0 commentsBitcoin (BTC) consolidated near month-to-date lows on Tuesday as surging US bonds punished stocks and safe havens.
Key points:
- Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields.
- Catalysts, such as high oil prices, continue to impact market sentiment with the US-Iran war stakes still high.
- Bitcoin is now at a "crucial level of support," the latest market analysis warns.
US…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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