Bitcoin, ether fall as Treasury yields rise
Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
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Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
European shares closed higher on Monday, with the pan-European STOXX 600 index ending 0.4% higher. However, French equities slid to a six-month low due to fiscal concerns and a fall in Schneider Electric's stock after its acquisition of US software firm PTC.