Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage

Your call?🐂 Bullish🐻 Bearish

$1.7B

leverage cut

$BTC

$83,955

-0.2%

Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark 10-year Treasury yield climbed to 5.22%, extending a move that has taken borrowing costs to their highest level…