Bitcoin (BTC) $66,325.21 1.63%
Ethereum (ETH) $1,923.44 1.14%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 78.013764 0.38%
Chainlink (LINK) $8.63 0.59%
Cardano (ADA) $0.17 1.76%
Litecoin (LTC) $46.93 -1.10%
Dash (DASH) $34.81 1.78%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.208353 2.38%
X-Cash (XCASH) 4.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.02%

Cryptocurrencies: 29520

Markets: 110484

Market Cap: $2,256,648,703,843

24h Vol: $69,447,776,027

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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