Bitcoin price stays under $77K as US bond yields near 20-year highs
CoinTelegraph·
60-second summary
Bitcoin price remains below $77,000 as US bond yields near 20-year highs, weighing on investor sentiment. Rising oil prices further exacerbate the situation, with analysts labeling Bitcoin's current price as a "crucial level of support." Market participants closely monitor this key level as a potential turning point for the cryptocurrency's trajectory.
BTC price stayed pinned below $77,000 amid rising US bond yields and oil prices, with market analysts saying Bitcoin is now at a "crucial level of support."