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Bitcoin Faces Rising Sell Pressure As Climbing Treasury Yields Keep BTC In ‘Wait’ Mode, Says Analyst
in5points
Rising 10-year Treasury yields are creating a 'RISK-OFF' macro climate.
Investor interest in riskier assets like Bitcoin has been reduced.
Bitcoin is in 'wait' mode due to climbing Treasury yields, said analyst Axel Adler.
Sell pressure on Bitcoin is increasing amid the current economic conditions.
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Rajeev Chandrasekhar / Jupiter Capital interests historically