Bitcoin falls and ETF outflows occur amid rising US Treasury yields
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View chart & analysis → - 1The benchmark 10-year US Treasury yield has seen a 5.25% increase since September 1.
- 2US spot ETFs recorded a net outflow of $487.1 million on October 7.
- 3Bitcoin fell by nearly 5% over the past week.
So what's the key point?
US Treasury yields rose by 5.25%. Bitcoin prices fell by nearly 5% and money flowed out of spot ETFs.
Source CryptoProwl · View original ↗
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