US Bond 10-Year Treasury Yield Hits 13-Month High Pushing Bitcoin (BTC) under $53K
You have successfully joined our subscriber list. While Bitcoin takes a dip with the rising bond yields, analysts still remain hopeful that BTC price is all poised to surge from the current levels. The 10-year US Treasury Yield has once again put volatile asset classes like Bitcoin (BTC) under pressure. On Wednesday, March 16, the US Treasury Yield surged to 1.67% hitting its 13-month high. The recent surge comes just two days ahead of the press release of Federal Reserve Chairman Jerome Powell. However, this has put the BTC/USD trading pair under severe pressure. As per the recent Bitcoin ch...
Source: coinspeaker.com