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Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher — CoinDesk

Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher — CoinDesk

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The crypto market chief is buying and selling close to $41,800 at press time, down 2% for the week, having bounced from $41,000 to $44,000 over the weekend. Gold is nursing a 0.5% loss at $1,740 per ounce, whereas the greenback index, which tracks the buck’s worth in opposition to majors, has jumped to 1.5-month highs above 93.00. The 10-year Treasury yield is seen at three-month highs close to 1.5%, and the two-year yield is hovering at an 18-month excessive of 0.28%, in response to information offered by TradingView.

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