Bitcoin drops below $97,000 as Treasury yields pressure risk assets

Jan 7, 2025 · Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 5% at $96,525.50, …

5%
OFF

Bitcoin Drops Below $97,000 As Treasury Yields Pressure Risk Assets

2 weeks from now

Jan 7, 2025 · Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 5% at $96,525.50, …

nbcnewyork.com

$90000
OFF

Bitcoin Falls Below $90,000 For First Time Since November - Forbes

2 weeks from now

1 day ago · “Bitcoin’s recent plunge below $90,000 likely stems from a mix of factors, ... (and risk-assets) continue to be sensitive to the treasury yield curve and the expectation for future Fed …

forbes.com

8%
OFF

Bitcoin Falls Below $98,000 As Rising Treasury Yields Impact Risk Assets

2 weeks from now

Jan 7, 2025 · Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. ... Bitcoin fell below $98,000 on Tuesday, dropping 4.8% to $97,183.80. ... Despite …

newsminimalist.com

25%
OFF

Bitcoin Reverses From Trump-Fueled Record After Treasury Yields …

2 weeks from now

Dec 20, 2024 · Bitcoin is often compared to a digital type of gold, and the price of gold tends to fall when real interest rates rise. The 10-year TIPS yield has spiked to 2.25% from 2.06% a week …

investors.com

5%
OFF

Bitcoin Drops Below $97,000 As Treasury Yields Pressure Risk Assets

2 weeks from now

Jan 8, 2025 · (CNBC) Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 5% at $96,525.50, …

hedgeco.net

$100
OFF

Bitcoin Price Drops To $100.3K After Fed Rate Cut And Powell’s …

2 weeks from now

Dec 18, 2024 · Bitcoin price drops to $100.3K after Fed rate cut and Powell’s revised 2025 inflation outlook ... Bitcoin price fell into a block of bids in the $100,000 to $98,000 zone, and …

cointelegraph.com

$90
OFF

Bitcoin Drops Below $90K To Lowest Level Since November Amid ...

2 weeks from now

1 day ago · Bitcoin fell to $89,500 early Monday, reaching its lowest point since November 18, 2024, as macroeconomic factors and rising bond yields weighed on crypto markets. The …

cryptobriefing.com

3%
OFF

Bitcoin Dips Below $98K: What’s Behind The Slide?

2 weeks from now

Jan 7, 2025 · Despite the decline, Bitcoin remains up 3% year-to-date, with optimism around regulatory clarity and potential market recovery. Bitcoin, the leading cryptocurrency, saw a …

cryptonewsfocus.com

5%
OFF

Bitcoin And Crypto Stocks Plunge Amid Rising U.S. Treasury Yields

2 weeks from now

Bitcoin experienced a significant price drop as rising U.S. Treasury yields exerted pressure on risk assets. According to Coin Metrics, Bitcoin's price fell by 5% to $96,525.50. Ethereum saw an …

gurufocus.com

$90199
OFF

Bitcoin And S&P 500 Hit 2-month Lows As Bond Yields Surge

2 weeks from now

1 day ago · Bitcoin crashed to $90,199, its lowest in two months after bond yields spiked and risk assets were dumped. The S&P 500 wiped out $2.5 trillion in market value in four weeks, …

cryptopolitan.com

5%
OFF

Bitcoin Slips Below $98,000 As Treasuries Shed Risk-on Assets

2 weeks from now

Jan 7, 2025 · Bitcoin fell on Tuesday as a spike in Treasury yields weighed on risk assets in general.. The flagship cryptocurrency was last traded down 5% at $97,008.96, according to …

naanji.com

70%
OFF

Bitcoin’s Trump Trade Dented By Rising Yields And Strong US Dollar

2 weeks from now

5 days ago · This week, 30-year Treasurys hit a 14-month high, while the yield on the 10-year note approached 4.70%, putting strong pressure on growth-oriented risk assets and triggering …

cointelegraph.com

$100000
OFF

Bitcoin Struggles To Maintain $100,000 As Rising Treasury Yields …

2 weeks from now

4 days ago · Bitcoin’s efforts to maintain the $100,000 level have been hampered by rising U.S. Treasury yields and a strengthening dollar, leading to a decline in digital asset performance ...

coinmarketcap.com

$93000
OFF

Bitcoin Falls Below $93,000 As Inflation Jitters Rattle ... - Decrypt

2 weeks from now

Jan 8, 2025 · The price of Bitcoin briefly dipped below $93,000, facing pressure after a series of macroeconomic data points sparked inflation jitters. ... While lower interest rates tend to …

decrypt.co

87%
OFF

U.S. Dollar And Treasury Yields Surge: Crypto Faces Pressure

2 weeks from now

6 days ago · The DXY is at 108.59, up 5.87% over the past year, while the 10-year Treasury yield is up to 4.73%, its highest point since April 2024. This is putting pressure on risk assets, …

coinedition.com

$70000
OFF

Bitcoin Nears 'Golden Cross' Amid Overhyped Concerns About …

2 weeks from now

Oct 23, 2024 · Bitcoin's {{BTC}} latest failure to surpass $70,000 has analysts scrambling for an explanation, with some worrying the ongoing rise in the U.S. Treasury yields could lead to an …

businessinsider.com

$98000
OFF

Bitcoin Drops Below $98,000: Here Is Why - Newsblare

2 weeks from now

Jan 8, 2025 · Bitcoin drops below $98,000 on Tuesday as rising U.S. Treasury yields created turbulence for risk assets. Read more

newsblare.com

36%
OFF

#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

2 weeks from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

FAQs about Bitcoin drops below $97,000 as Treasury yields pressure risk assets Coupon?

Why did bitcoin drop 5% on Tuesday?

Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%. ...

Are higher treasury yields weighing on Bitcoin?

Elevated Treasury yields are weighing on bitcoin. Here’s a case for it dropping to $90,000. Bitcoin recorded its third straight day of declines on Thursday, as higher yields weighed on the crypto after it hit a record high near $110,000 last month. fell 1.2% to around $92,812 on Thursday, according to the Dow Jones Market Data. ...

How will a rise in yields affect bitcoin?

Rising yields tend to pressure growth oriented risk assets. Bitcoin traded above $102,000 on Monday and is widely expected to about double this year from that level. Investors are hopeful that clearer regulation will support digital asset prices and in turn benefit stocks like Coinbase and Robinhood. ...

Why did bitcoin fall below $90K?

“Bitcoin’s recent plunge below $90,000 likely stems from a mix of factors, including macroeconomic pressures like rising interest rates and recession fears, regulatory concerns, and cascading liquidations from leveraged positions,” Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital, wrote via emailed comments. ...

Why did Bitcoin (BTC-US) fall 3% over the past 24 hours?

Bitcoin (BTC-US) fell 3% over the past 24 hours to hover just below $92,000 per token. Enthusiasm for the token has waned in recent days as risk assets have sold off amid rising US Treasury yields and a higher US Dollar. ...

How has economic data impacted cryptocurrencies?

Several market observers highlighted how strong economic data has shifted the expectations many have for Federal Reserve rate cuts and the impact this has had on risk assets, including stocks and cryptocurrencies. “Bitcoin’s price has been extremely correlated to the equities market in recent weeks, which has been under material pressure. ...