Bitcoin Climbs as Bond Yields, Dollar, and Oil Fall
Photo: Crypto Daily
The Bitcoin price finds itself in a sweet spot as far as the major world financial indicators are concerned. All three of bond yields, the dollar, and oil are falling on Tuesday, a mix that is perfect for Bitcoin to make some hay. Up around 2% on the day, can the $BTC price take full advantage of this benevolent setting? Could this finally be a respite from a most dogged rise in US bond yields which saw the 10-year yield surpass the previous high set back in June 2007?
Source: Crypto Daily
