Bitcoin pressured below $86K as rising yields and stronger dollar cap upside
- —BTC trades at $85,834 after failing to hold $87,000
- —Spot Bitcoin ETFs recorded a $89.9 million outflow on Monday
- —Strategy bought 334 BTC, bringing holdings to 848,000 coins
- —10-year Treasury yield hit 5.35%, a two-decade high
Why it matters: Rising yields and a stronger dollar weigh on risk assets; holding the $85,000 support will determine BTC's next move.
Source: FXStreet Crypto