Bitcoin lifts in Asia but $80,000 capped by macro backdrop
Bitcoin ticked higher in the Asian session but remained around the $77,000 area, with high bond yields and rate expectations keeping $80,000 out of reach, amid subdued ETF turnover.
Bitcoin ticks higher in the Asian trading session but stays around the $77,000 area as high bond yields and rate expectations keep $80,000 out of reach.
With sovereign yields setting new cycle highs and ETF turnover subdued, the market has settled into a well-defined trading range, Glassnode says…