Bitcoin falls below $84,000 as 10-year Treasury yield hits 19-year high
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Bitcoin fell to $83,200 in Asian trading Thursday after slipping below $84,000 as the US 10-year Treasury yield hit 5.13% intraday, its highest since 2007; it closed Wednesday at 5.11%. Markets assign roughly 75% odds of a Fed hike. The US Treasury planned a $6 billion buyback of bonds with 20–30 years left to maturity.
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