Bitcoin slips under $84,000 as Treasury yields hit 2007 highs

Bitcoin slipped under $84,000 Thursday as U.S. Treasury yields pressed to their highest level since 2007, a hawkish macro backdrop that has reclaimed the role of the market's last price-setter. The pullback arrived even as institutional demand stayed strong in dollar terms, with spot-BTC ETF inflows running at roughly $609 million Wednesday on top of more than $1.7 billion across the two prior sessions and total assets back near $111 billion.
Key Takeaways Bitcoin traded near $84,000, down 2.9% in 24 hours, as U.S. Treasury yields hit their highest level since 2007. Spot-BTC ETF inflows held strong: more than $1.7 billion across two days through Tuesday plus roughly $609 million Wednesday, li…
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