3 Articles
3 Articles
Bitcoin drops to $77K as bond yields jump on Trump tariff fears
US 30-year treasury yields spike to 4.98%, highest in recent years. Bitcoin could face $476 million in liquidations below $74,000. Nearly $1 billion in short positions vulnerable above $78,000. Bitcoin slid towards $77,000 on Friday after sharp moves in the US bond market triggered concern across risk assets. Investors fled long-dated treasuries as 30-year yields climbed to 4.98%, marking their biggest jump in years. The backdrop: a surprise rei…
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