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via Decrypt · By Decrypt Editorial
Bitcoin Shrugs off CLARITY gains as Institutions Sell Amid Surging Treasury Yields
BTC
BTC/USDT
$84,684.01
+1.72%
$84,684.01
+1.72%
(24s)24h Volume
$18,998,533,939.06
24h H/L
$84,942.45 / $83,166.00
Change: $1,776.45 (2.14%)
Long/Short
56.8%
Long: 56.8%Short: 43.2%
Funding Rate
+0.0020%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(01:00 PM UTC)
1 min read
In brief
- The 7D-SMA of US spot Bitcoin ETF netflows dropped to -$88M/day, the largest outflow since mid-February, Glassnode said.
- The 10-year Treasury yield hit 4.52%, and April CPI came in at 3.8% year-over-year—the highest in three years—pushing back expectations of a Fed rate cut.
- Analysts say $77,000 is the key support level; a break below, with open interest still elevated, could trigger a…
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