Bitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets

16 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$85,000

bitcoin price

$BTC

$84,630

+0.4%

Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs. The reversal broke the momentum behind a rebound that had accelerated as Bitcoin pushed…