Bitcoin price dives under $79K as US bond market triggers 3% BTC price rout
CoinTelegraph·
60-second summary
Bitcoin's price is currently plummeting under $79,000 as the US bond market fuels a 3% BTC price rout, mirroring a sell-off in stocks. This decline marks a reversal of earlier gains, with BTC price action now eyeing its lowest levels for May. Market volatility is intensifying, potentially impacting investor confidence.
Bitcoin joined stocks in a sell-off over US bond yields as BTC price action eyed its lowest levels for May after giving up gains.