Live updates: Bitcoin rebounds above $84,000 as Treasury yields steady
Source: CoinDesk ·
From the source
Bitcoin rebounds above $84,000 as spot ETFs add $31 million, ZEC slides 9% Bitcoin rose 1% to just above $84,200 on Tuesday, finding buyers on dips to about $82,500 as the 10-year Treasury yield held near 5.25% after Monday's climb to its highest level since 2007, CoinDesk data show. Ether led the majors, up 2% to nearly $2,720. DOGE added 3% and XRP 2%, while BNB, SOL and TRX each gained under 1%. HYPE slipped 1%. ZEC was the outlier, down 9% to about $1,423. U.S. spot bitcoin ETFs took in about $31 million on Monday and ether funds about $17 million, according to SoSoValue, with SOL and XRP funds adding a combined $17 million. The lone U.S. ZEC fund posted the only net outflow, losing about $8 million. "At the $2.87T level, cryptocurrencies are cautiously forming a rebound from last week's lows near $2.83T. However, as long as the market remains below $2.90T, it is technically in a short-term downtrend. The strengthening US dollar and uncertainty in the equity markets are adding to…