Bitcoin Stuck Below $77K as US Bond Yields Hit 20-Year Highs

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BTC price stayed pinned below $77,000 amid rising US bond yields and oil prices, with market analysts saying Bitcoin is now at a "crucial level of support."

Bitcoin (BTC) consolidated near month-to-date lows on Tuesday as surging US bonds punished stocks and safe havens.

Bitcoin joins risk assets feeling the pressure from skyrocketing US bond yields.

Catalysts, such as high oil prices, continue to impact market sentiment with the US-Iran war stakes still high.

Bitcoin is now at a "crucial level of support," the latest market analysis warns.

US 30-year yields reach highest since 2007


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