Bitcoin Slips Below $85,000 as Ethereum, XRP, Dogecoin Fall With Treasury Yields at 19-Year Highs
Bitcoin traded below $85,000 after failing to break $87,000 resistance, despite significant spot ETF inflows. The 10-year Treasury yield surged to its highest level since 2007 and traders now pricing in a nearly 60% chance of another 25-basis-point rate hike next month. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC)