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Bitcoin falls on US PPI overshoot as 30-year bond yield hits new 19-year high

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 15 Views

Bitcoin falls on US PPI overshoot as 30-year bond yield hits new 19-year high

Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields.

Bitcoin (BTC) dipped below $77,000 around Thursday’s Wall Street open as risk assets faced resurgent macro headwinds.


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