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Bitcoin trades around $84,000 after profit booking as rising US Treasury yields pressure crypto markets

Bitcoin traded near $84,000 following profit-booking from recent highs as surging US Treasury yields pressured risk assets. Despite intraday volatility and $80 million in long liquidations, consistent ETF inflows, whale accumulation, and key support levels suggest underlying demand for BTC remains firm amid ongoing macroeconomic headwinds.

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Economic TimesLean R·1h ago
Bitcoin trades around $84,000 after profit booking as rising US Treasury yields pressure crypto markets
Bitcoin traded near $84,000 following profit-booking from recent highs as surging US Treasury yields pressured risk assets. Despite intraday volatility and $80 million in long liquidations, consistent ETF inflows, whale accumulation, and key support levels suggest underlying demand for BTC remains firm amid ongoing macroeconomic headwinds.
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Bitcoin trades around $84,000 after profit booking as rising US Treasury yields pressure crypto markets

How 1 sources are covering this

Bitcoin trades around $84,000 after profit booking as rising US Treasury yields pressure crypto markets

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