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Bitcoin Faces Rising Sell Pressure As Climbing Treasury Yields Keep BTC In ‘Wait’ Mode, Says Analyst
in5points
Bitcoin faces rising sell pressure due to climbing 10-year Treasury yields.
Analyst Axel Adler says a 'risk-off' macro climate reduces interest in riskier assets like Bitcoin.
Rising Treasury yields signal higher returns on bonds, drawing investors away from crypto.
The article frames Bitcoin as in 'wait' mode amid uncertainty.
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Rajeev Chandrasekhar / Jupiter Capital interests historically