From TokenPost · · 40s
Bitcoin Hits $82,769 as Treasury Yield Falls
Bitcoin trades at $82,769 as 10-year Treasury yield drops to 5.08%.
In brief
Bitcoin trades at $82,769 as 10-year Treasury yield drops to 5.08%. Bitcoin reached $82,769 ahead of Monday's market open after the 10-year Treasury yield eased from 5.3% to 5.08%. Originally reported by TokenPost.
Bitcoin Trading
Bitcoin traded at $82,769 ahead of Monday’s U.S. stock market open as the 10-year Treasury yield retreated from a recent high and stock futures rose.
Treasury Yield Drop
The 10-year yield stood at 5.08%, down from a recent peak of 5.3%.
Hyperscaler Impact
For hyperscalers, the weighted average cost of capital has risen to 10% from 4% in 2023.
What it means
Bitcoin reached $82,769 ahead of Monday's market open after the 10-year Treasury yield eased from 5.3% to 5.08%.
