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Cryptocurrencies: 30076
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Cryptocurrencies: 30076
Markets: 114751
Market Cap: $2,907,376,051,929     
24h Vol: $148,725,624,105
Coin-turk.com 2023-10-03 12:23:13

Rise in US 10-Year Treasury Yield Hits Bitcoin and Altcoins: What’s Happening?

Rise in US 10-Year Treasury Yield Hits Bitcoin and Altcoins: What’s Happening?
After making a strong start to October and surpassing the $28,000 level, the price of Bitcoin (BTC) has dropped over 2% and is currently trading at $27,619. The recent decline in price is attributed to the surge in bond yields in the US, which has reduced demand for riskier investments.The post Rise in US 10-Year Treasury Yield Hits Bitcoin and Altcoins: What’s Happening? appeared first on COINTURK NEWS.
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