Bitcoin Follows US Bond Yields Higher as BTC Returns to $81,000

Bitcoin Follows US Bond Yields Higher as BTC Returns to $81,000

Bitcoin gains more than 6% to return to $81,000 as analysis anticipates a showdown with resistance from mid-May.

Bitcoin Follows US Bond Yields Higher as BTC Returns to $81,000 - Invest In Crypto News

Bitcoin (BTC) jumped past $80,000 around Friday’s Wall Street open as fuel-crisis woes spread through global markets. Key points: Bitcoin gained 6% on Friday as concerns about oil supply saw US bond yields reverse higher.Crypto markets liquidated $250 million in short positions over four hours.BTC price momentum now faces the familiar resistance levels first encountered […]

Bitcoin Breaks $81K as $250M in Shorts Burn and Bond Yields Hit 5.34%

Bitcoin punched through $81,000 Friday. It didn’t creep there — it ripped, dragging a mountain of short positions with it.… Read the original on Bitcoin Surges Past $81K as $250M in Shorts Liquidated Amid Rising Bond Yields. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Bitcoin Price Hits $81K as BTC Shrugs Off Regulatory and Rate Fears

TLDR:  Bitcoin rebounded above $80K after regulatory, rate, and security fears pressured market sentiment. The Fed raised rates 25 bps to 3.75%-4.00%, adding fresh pressure to crypto risk assets. BTC faces key resistance at $82K-$84K, while $75K remains a critical support zone. A sustained move above $85K-$86K could shift attention toward the $88K-$95K range. Bitcoin [...]

Bitcoin Hits $81K as Oil Supply Concerns Push Bond Yields Higher

Bitcoin surged above $80,000 on Friday as concerns over global oil supplies pushed US bond yields higher and triggered a sharp move across cryptocurrency markets. Bitcoin (BTC) gained around 6% during the start of Wall Street trading, reaching an intraday high of approximately $81,034 on Bitstamp. The rally also triggered significant short-position liquidations, with nearly […]