Bitcoin Slips Below 200-day SMA as 10-Year Treasury Yield Hits Lowest Since April
NegativeCryptocurrency

Bitcoin has fallen below its 200-day simple moving average, indicating a bearish trend as the 10-year Treasury yield reaches its lowest point since April. This decline reflects growing risk-off sentiment in the market, with investors seeking safety in bonds. The situation highlights the ongoing volatility in the cryptocurrency market and the impact of broader economic indicators on digital assets.
— Curated by the World Pulse Now AI Editorial System