Bitcoin Price Stalls After Posting Best Weekly Close in Eight Months
Key Highlights Bitcoin struggled to push past its weekly open near $86,500 amid rising United States Treasury bond yields and persistent geopolitical uncertainty. Long-dated US Treasury yields neared multi-decade peaks, with the 30-year yield surpassing 5.67% and the 10-year yield rebounding to 5.31%. Onchain analytics firm Glassnode observed that aggressive upward momentum for Bitcoin has ...