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via Cointelegraph · By Cointelegraph Staff
Bitcoin Battles US Bond Nerves With BTC Price Dip Toward New May Lows
BTC
BTC/USDT
$64,018.00
+1.80%
$64,018.00
+1.80%
(24s)24h Volume
$14,679,562,317.55
24h H/L
$64,692.83 / $62,559.59
Change: $2,133.24 (3.41%)
Long/Short
57.5%
Long: 57.5%Short: 42.5%
Funding Rate
+0.0067%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(03:21 PM UTC)
1 min read
1188 views
0 commentsBitcoin (BTC) fell below $80,000 at Friday’s Wall Street open as analysis tied risk-asset weakness to US bond markets.
Key points:
- Bitcoin eyes its lowest levels of May as concerns over US bond yields spark a risk-asset rout.
- US 10-year treasury yields rise above levels that sparked a US tariff pause on China last year.
- Traders wait for new local lows for BTC/USD as support stability is eroded.
Bitcoin…
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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