Markets· ★★★· bearish·

Bitcoin Holds Near $83K as Quant Jumps 62% Ahead of PCE Data

  • —Bitcoin at $83,053, down 1.74% on the day
  • —Quant up 62.4% in 24 hours and 307.7% year-to-date
  • —Bitcoin ETFs drew $2.39B last week; Ether ETFs added $689.88M
  • —10-year US Treasury yield rose to 5.205%
Why it matters: Wednesday's PCE print and elevated bond yields will determine whether Bitcoin holds support above $83,000.
Source: BTC-ECHO