Bitcoin slips after $83K rejection as US bond yields rebound

Bitcoin slipped back below $82,000 shortly after the Wall Street open as early gains faded and traders braced for fresh waves of momentum driven by US equities and bond yields. While US stocks and parts of Asia rebounded on Monday, the crypto market appeared less convinced—meeting supply on exchange order books near the low-$83,000s. At the same time, analysts pointed to a familiar linkage: the direction of Treasury yields has been moving alongside risk assets ahead of major corporate earnings.

Source: Crypto Breaking News