Bitcoin Tumbles Below $84,000 on High Treasury Yields
Bitcoin traded below $84,000 on Thursday, reversing earlier gains spurred by cooler inflation data, as persistently high U.S. Treasury yields pressured risk assets. The cryptocurrency was up 0.6% at $83,183.
S. Treasury yields weighed on risk assets. 6% higher at $83,183 on Thursday. Bitcoin had briefly spiked abo…