Bitcoin Pulls Back to $84,000 as Bond Yields Fly Higher

Bitcoin pulls back to $84,000 as bond yields fly higher

The 10-year U.S. Treasury yield has soared 18 basis points on Wednesday to its highest level since 2007.

Bitcoin Price Slips While US Treasury Yields Soar

Bitcoin’s price slid on Wednesday, just as U.S. Treasuries surged, with the 10-year yield climbing above 5% and reaching — its highest level since 2007.  The price of the leading cryptocurrency was down 2% over a 24-hour period Wednesday afternoon in New York, and was trading hands for $84,357.  Bitcoin’s price had surged earlier in the week as investors piled into exchange-traded funds. At one point, it soared as high as nearly $87,330.  But it…

Bitcoin Falls Below $84,000 to $83,899 in Binance Spot Trading

Bitcoin was priced at $83,899 at 1:01 p.m. ET on Sept. 23, down from $84,194 15 minutes earlier.

Bitcoin Falls Below $84,000 as Hot US Data Sends Yields Higher

Bitcoin (BTC) fell below $84,000 on Wednesday after a surprise jump in US business activity sent Treasury yields higher. The drop came within about an hour of the data release. It reversed a morning rally that had carried Bitcoin above $87,000 on Binance. 10-Year US Treasuries and Bitcoin Price...