Higher Bond Yields Contribute to Bitcoin's Extended Losses

Publikováno: 23.8.2023

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Bitcoin losses continued today as bond yields continued to rise, causing concern for investors. This downturn has seen the leading digital currency dip below its two-month low of $26,000 for a loss of 0.74% over the past 24 hours.
The drop in Bitcoin's price comes after a challenging week for the cryptocurrency. Over the past seven days, Bitcoin's price dropped more than 11%. Alongside this, other digital currencies, such as Ether and XRP, have also experienced sizable price decreases....
Read More: Higher Bond Yields Contribute to Bitcoin's Extended Losses
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