Cointelegraph· Cointelegraph by William Suberg·· 18d ago
Bitcoin pressures $84K as US stocks navigate South Korea tech sell-off
Original source: CointelegraphRead original
AI brief
Bitcoin (BTC) approached $84,000 at the start of US trading on Tuesday, maintaining around 2% overnight gains, while US equities showed resilience despite South Korea's KOSPI index dropping 5.4%. However, CryptoQuant warned that increasing US dollar strength, with the DXY hitting its highest level in 18 months, challenges BTC price upside, amid bond yields near a quarter-century high.
Source: Cointelegraph · cointelegraph.com