Bitcoin retreats to $83K as HTX calls pullback a normal correction
- —US 10-year Treasury yield topped 5.2%, the highest since 2007
- —Bitcoin fell to around $83,000 while altcoins dropped harder
- —HTX says the decline is a normal correction, not a trend reversal
- —Position trimming ahead of PCE and jobs data drove the move
Why it matters: Holding $83,000 would signal the correction is over; weak macro data could amplify altcoin volatility.
Source: TokenPost