Bitcoin drops $1,500 in four hours after overnight rally to $87,000
- —BTC fell from $87,000 to $85,500 within hours
- —The week opened around $86,000
- —10-year US Treasury yields are above 5%
- —Fed minutes are due Wednesday after September's 0.25-point hike
Why it matters: Rising Treasury yields are a headwind for bitcoin, and the Fed minutes could set the market's direction for the week.
Source: Newsbit