Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb

## Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb

## Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb Treasury yields soared on Wednesday to their highest level since 2007 while bitcoin’s price slumped. Bitcoin’s price slid on Wednesday, just as U.S. Treasuries surged, with the 10-year yield climbing above 5% and reaching — its highest level since 2007. The price of the leading cryptocurrency was down 2% over a 24-hour period Wednesday afternoon in New York, and was trading hands for $84,357. Bitcoin’s price had surged earlier in the week as investors piled into exchange-traded funds. At one point, it soared as high as…

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Источник: Bitcoin Magazine

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