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Bitcoin falls below $77,000 as US yields surge

Bitcoin dipped below $77,000 around the Wall Street open. TradingView data showed BTCUSD on track for 2% daily losses as US bond yields surged despite $6 billion intervention.

BTC

Bitcoin (BTC) dipped below $77,000 around Thursday’s Wall Street open as risk assets faced renewed macro pressure. US bond yields surged despite $6 billion of intervention. TradingView data showed BITSTAMP:BTCUSD on track for 2% losses on the day, after weakness in US equities.