✉news BusinessCrypto first seen 10 h ago, last 10 h ago, peak #33
Bitcoin holds above $84K despite hawkish Fed pressure
Original: Bitcoin holds above $84K despite 5.12% treasury yields and hawkish Fed – Report
Bitcoin is holding its ground above $84,000, even as 5.12% US Treasury yields and a hawkish Federal Reserve make risk-free bonds more attractive to investors. A report by AMBCrypto highlights the resilience of the asset in the face of macro conditions that would typically pull money away from cryptocurrencies. Traders are watching whether the level can withstand continued pressure from higher rates.
Why now: Bitcoin defying typical macro headwinds from high Treasury yields and Fed policy is striking to crypto markets.
BitcoinFederal ReserveAMBCrypto
Evidence
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