Bitcoin holds above $84K despite 5.12% treasury yields and hawkish Fed – Report

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Bitcoin was trading around $84,160 at press time after reaching a high above $86,000 and crossing $87,000 on September 23rd. This rally occurred despite the U.S. 10-year Treasury yield climbing to 5.12%, its highest level since 2007, and the Federal Reserve’s hawkish stance. Approximately $3.5 billion flowed into digital-asset investment products over five trading days, with BlackRock accounting for nearly half of those inflows. The next major test will be whether Bitcoin can sustain a weekly close above $82,000.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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