Bitcoin Battles US Bond Nerves With BTC Price Dip Toward New May Lows

BTC

BTC/USDT

$64,631.89

+0.94%

$64,631.89

+0.94%

(24s)

24h Volume

$14,591,357,834.37

24h H/L

$65,025.22 / $63,880.00

Change: $1,145.22 (1.79%)

Long/Short

54.7%

Long: 54.7%Short: 45.3%

Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,615.56

▲ 0.79%

Volume (24h): -

Resistance Levels

Resistance 3$68,000.10

Resistance 2$66,255.06

Resistance 1$64,669.34

Price$64,615.56

Support 1$63,941.22

Support 2$61,044.16

Support 3$57,800.19

Pivot (PP):$63,992.58

Trend:Sideways

RSI (14):53.0

Cointelegraph Staff

(03:21 PM UTC)

1 min read

Updated byDavid Kim

Bitcoin (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.