Bitcoin is rejected at $83K as US bond yields reverse higher with equities
Summary
Bitcoin struggled to break past a major selling barrier at the eighty-three thousand dollar mark. Unlike the stock market, the leading cryptocurrency remained trapped in a narrow trading range as treasury yields bounced upward.
Bitcoin price action failed to improve with equities as a sell wall at $83,000 kept BTC in a tight range.
Source: Read the full story at Cointelegraph.com News
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