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Bitcoin

What It Would Take for BTC to Reclaim $80K While Rising Yields Drain Risk Appetite

Image: Crypto Daily

Quick Take Bitcoin fell through several round-number levels in one session as climbing bond yields pulled money away from risk assets. Daily momentum looks deeply oversold, yet sellers still control the trend and show few signs of easing. A daily close above the $75K ceiling would be the first real test of whether buyers can take back control. Bitcoin lost more ground as rising bond yields pushed investors away from risky assets. Bitcoin now trades in step with the bond market, and its own news has taken a back seat. Traders want to know if an oversold coin can bounce while rates keep climbing. Rising Yields Push Bitcoin Under $70,000 Bitcoin slipped below $70,000 as the selling picked up through the session. The drop did not stop there.

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