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The S&P 500 is poised to open just shy of an all-time high as traders weigh the prospect of solid results in a busy week for corporate earnings against the risk of escalating tensions in the Middle East.
Bitcoin traded near $83,559, down 2.3% on the day, as markets reacted to rising Treasury yields and a hawkish shift in the Fed backdrop.
Bitcoin sold off and hovered near $83,500 while U.S. stock indexes pared earlier declines after Treasury yields and oil pulled back. The move came during broader afternoon trading that also saw the Dow, S&P 500 and Nasdaq recover some ground.