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via Cointelegraph · By Cointelegraph Staff
Bitcoin Battles 'Collapsing' Bond Markets as Week Starts With Trip to $76,500
BTC
BTC/USDT
$79,656.79
-0.03%
$79,656.79
-0.03%
(24s)24h Volume
$7,297,360,206.86
24h H/L
$80,200.00 / $79,577.00
Change: $623.00 (0.78%)
Long/Short
52.9%
Long: 52.9%Short: 47.1%
Funding Rate
+0.0019%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(10:23 AM UTC)
1 min read
Bitcoin (BTC) starts a new week under pressure as support levels fade and macro gloom intensifies.
Key points:
- Bitcoin falls below a key 21-week trend line after the weekly close, but hopes of a “bear trap” rebound remain.
- US-Iran war rhetoric continues to push oil higher, pressuring crypto markets.
- Those tensions could still be countered by strong PMI and Nvidia earnings data in the coming days.
- Bitco…
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