Bitcoin stuck below $85,000 as US Treasury yields hit multi-year highs
- —Bitcoin fell back below $83,000 after a local high of $84,540
- —30-year US Treasury yields hit a 24-year high above 5.60%
- —10-year yields reached 5.26%, near the June 2007 peak
- —The $84,000–85,000 zone holds the largest cluster of long-term holder coins
Why it matters: A break above $85,000 could extend the rally, but rising Treasury yields and profit-taking risk from long-term holders are weighing on price.
Source: CryptoHamster