Crypto market cap drops 2.9% to $2.95T as Bitcoin slides to $83,923
- —Bitcoin at $83,923, down 2.3% daily but up 10.5% weekly
- —Ethereum at $2,674, down 2.5% daily, up 10.7% weekly
- —XRP fell 5.1% to $1.49; Solana dropped 2.6% to $114.73
- —U.S. 5-year Treasury yield rose to 5.032%
Why it matters: Rising U.S. Treasury yields are pressuring risk assets, including crypto.
Source: Coin Edition