Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 25 Sept, 21:10 UTC

Bitcoin is holding near $84,000 even as a historic US bond selloff pushes Treasury yields to decades-high levels. The benchmark 10-year Treasury yield climbed to 5.22%, extending a move that has taken borrowing costs to their highest level since 2007. The 30-year yield reached a fresh 22-year high…

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Sources

• T2Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverageThe Defiant / DL News / Protos / CryptoSlate25 Sept, 21:10