Bitcoin Edges 0.4% Higher to $83,387 as Dollar and Treasury Yields Ease
Bitcoin rose 0.4% on the day to $83,387 after dipping to $81,222 overnight. U.S. Treasury yields and the dollar eased slightly.
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12:55:45 PM UTC
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Easing crude prices and a weaker U.S. dollar are giving bitcoin support--with the token up 0.3% to $83,275, But there's other key sources of support that are missing, says Dat Tong of Exness in a note. "The rebound lacks strong institutional support," says Tong. "Spot Bitcoi…
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