Trouble mounts for bitcoin and stocks as global benchmark for borrowing costs surges
The 10-year U.S. Treasury yield has climbed to 4.27 percent, a four-month high that raises borrowing costs across the global economy.
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Bitcoin bulls avoided a correction as US markets opened, but analysis warned that Strategy was responsible for much of the latest BTC price strength.
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The 10-year U.S. Treasury yield has climbed to 4.27 percent, a four-month high that raises borrowing costs across the global economy.
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A major holder's exit sent White Whale sharply lower on Monday, with the project calling the move a "liquidity event."
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Data from decentralized trading venues points to potential for a deeper price crash in coming months.
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Tuesday's crypto tape was steadier after Monday's tariff-driven wobble, but sentiment remains cautious with altcoins still weaker than bitcoin.