Rising US treasury yields, war in Iran, rising inflation risk pressure Bitcoin price
Falling tech stock prices and rising bond yields have forced a rush for cash, preventing Bitcoin from gaining any bullish momentum.
Key takeaways:
Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance.
Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt.
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