Bitcoin Falls Below $85,000 as 10-Year Yield Hits 19-Year High
Bitcoin slipped below $85,000 Wednesday, down 2%, as the US 10-year Treasury yield surged past 5% to levels unseen in 19 years.What Triggered the Yield SpikeWidely-followed crypto analyst Bull Theory posted on X that the 10-year yield jumped right after September’s flash PMI data blew past forecast