Bitcoin Defends $80K as Wall Street Flees to Treasuries
- —Bitcoin at $80,831, down 0.58% in 24 hours and below $81,000
- —S&P 500 fell 0.5% on the week, Nasdaq 0.7%, Dow dropped 1.2% Friday
- —US bond ETFs drew about $58 billion this month, 38% of all ETF inflows
- —The 10-year Treasury yield closed at 4.987%
Why it matters: Holding $80,000 would signal resilient bitcoin demand amid a flight from risk assets; a break lower would deepen the sell-off.
Source: Blockmedia
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