BTC Drops Below $84K as Treasury Yields Reach a 19-Year High

Bitcoin fell below $84,000 as US Treasury yields reached their highest level since 2007. Rising rate hike expectations increased pressure on Bitcoin and other major cryptocurrencies. Traders are watching $82,833 and $81,000-$82,000 as key support zones. Bitcoin faced fresh selling pressure Thursday as rising Treasury yields unsettled financial markets. BTC slipped below $84,000 during Asian trading hours. The decline pushed prices tow…