BTC Falls Back to $83K as Global Bond Rout Drags MSTR, COIN, CRCL, BMNR Toward September Lows
- —BTC dropped back to $83,000 amid rising bond yields
- —MSTR, COIN, CRCL and BMNR slid toward September lows
- —A global bond rout added pressure on risk assets
Why it matters: Crypto's correlation with equities and bonds is rising, so higher government yields could keep pressuring BTC and crypto stocks.
Source: Google News (crypto query)