Crypto
Bitcoin hits $81K as US bond yields rebound on global oil woes
Bitcoin price action made swift gains at the start of Friday’s Wall Street trading session as US 30-year bond yields began rising again.
Cointelegraph•
Bitcoin price action made swift gains at the start of Friday’s Wall Street trading session as US 30-year bond yields began rising again.
Bitcoin (BTC) jumped past $80,000 around Friday’s Wall Street open as fuel-crisis woes spread through global markets.
Data from TradingView showed BTC/USD filling pockets of upside liquidity to reach local highs of $81,034 on Bitstamp.
The report calculated oil flows through Hormuz at 7.6 million barrels per day in August, 13.1 million below the daily tally before the US-Iran war.