
markets·3h ago
Bitcoin Dips Below $64K as Bond Yields Surge, Binance Bids Return
Bitcoin briefly fell under $64,000 as rising US bond yields increased Fed rate hike expectations.
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Original coverage across the crypto market, updated daily.

Bitcoin briefly fell under $64,000 as rising US bond yields increased Fed rate hike expectations.
Unconfirmed on-chain data suggests MicroStrategy sold 491 BTC on July 1, but Bitcoin price showed little reaction.

A viral 4chan prediction of Bitcoin reaching $145,000 by October is questioned due to altered history and flawed assumptions.

Glassnode reports Bitcoin's recent rally from $60,000 appears defensive, with inflows and trading volumes still subdued.

Arca says MicroStrategy's sale of 32 BTC, not AI capital rotation, caused last week's bitcoin price decline.