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Bitcoin has fallen sharply towards US$80,000 as rising oil prices, elevated US bond yields and accelerating withdrawals from cryptocurrency exchange-traded funds trigger another wave of selling across digital assets. The world’s largest cryptocurrency was trading around US$81,710 at the...
Bitcoin fell to $82,734, its lowest of October, as US yields hit 24-year highs and Brent crude reached $102 on Iran's Strait of Hormuz warnings.
The crypto market came under downward pressure, with Bitcoin falling below $83,000 and Ethereum simultaneously losing the $2,500 mark.