Rising US treasury yields, war in Iran, rising inflation risk pressure Bitcoin price

Rising US treasury yields, war in Iran, rising inflation risk pressure Bitcoin price

Falling tech stock prices and rising bond yields have forced a rush for cash, preventing Bitcoin from gaining any bullish momentum.

Key takeaways:

Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance.

Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt.

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Author: Marcel Pechman

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