Bitcoin's Price Bounce Stalls as 10-year Yield Hits 32-Month High
Crypto News

Bitcoin’s Price Bounce Stalls as 10-year Yield Hits 32-Month High

Bitcoin’s bounce from key price support stalled near $39,000 ahead of American trading hours, as the futures tied to the tech-heavy Nasdaq 100 index erased 1% gain and dipped into the red. Meanwhile, the yield on the US 10-year Treasury note rose to 2.10%, the highest since July 2019, according to the chart platform TradingView.

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