✉news BusinessCrypto first seen 6 h ago, last 1 h ago, peak #20
Bitcoin and Major Cryptos Hold Firm as Treasury Yields Hit 24-Year High
Original: Bitcoin, Ethereum, XRP, Dogecoin Hold Firm as Treasury Yield Hits 24-Year High
Bitcoin, Ethereum, XRP and Dogecoin are holding steady even as US Treasury yields climb to a 24-year high, according to market reports. Rising yields typically pressure risk assets, so the resilience of major cryptocurrencies is drawing attention from traders weighing macro headwinds against crypto demand.
Why now: Major cryptocurrencies are unusually resilient despite a 24-year high in Treasury yields, a macro event normally negative for risk assets
BitcoinEthereumXRPDogecoinUS Treasury
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
- Bitcoin, Ethereum, XRP, Dogecoin Hold Firm as Treasury Yield Hits 24-Year High · Benzinga
- Bitcoin, Ethereum, XRP, Dogecoin Hold Firm as Treasury Yield Hits 24-Year High · TradingView
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