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Bitcoin

Bitcoin drops below $98,000 as Treasury yields pressure risk assets

Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.

By: CNBC
  • Jan 08 2025
  • 43
  • 3435 Views
Bitcoin drops below $98,000 as Treasury yields pressure risk assets
Bitcoin drops below $98,000 as
Crypto stocks Coinbase and MicroStrategy fell more than 7% and 9%, respectively. Bitcoin miners Mara Holdings and Core Scientific were down about 5% each. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coi... [1139 chars]

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