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Cointelegraph· Cointelegraph by William Suberg·· 12d ago

Bitcoin falls below $82,000 as US bond yields rise with stocks

Original source: CointelegraphRead original
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Bitcoin dropped below $82,000 on Monday after Wall Street opened, diverging from rising equities. The Nasdaq Composite gained 1.5% while the 10-year US Treasury yield climbed back to 5.13%. QCP Capital noted bond-market stability is key to Bitcoin's upside, warning that sustained equity deleveraging could threaten the $80,000 support level. Whale activity on Binance also decreased, with the whale ratio falling to 0.45.

Source: Cointelegraph · cointelegraph.com