Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses

Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Bitcoin traded just above $84,000 on Friday, flat over 24 hours after falling below that level on Wednesday, CoinDesk data show.

Smaller names did the running, with ONDO up 27% to about 54 cents and Quant up 39% to nearly $100.

The 10-year Treasury yield slipped two basis points to 5.17% after jumping more than 20 basis points over the previous two sessions, and Brent fell 1% to about $105 a barrel on reports that Washington and Tehran are exploring a phased deal to reopen the Strait of Hormuz.

FxPro chief market analyst Alex Kuptsikevich reads bitcoin’s drop as a stall short of the target technical traders had projected for the rally that began in mid-August.

“As with the overall market capitalisation, the leading cryptocurrency encountered resistance near a previously significant support level.

However, BTC failed to complete the Fibonacci extension pattern to 161.8% of the impulse that began in mid-August in a single move.

Despite the pullback, the ongoing, unfinished nature of the uptrend suggests it may be a temporary pause on the way up,” he said in a note.

“It is worth remembering that in 2021, Bitcoin lost over 50% from its peak before reaching new highs.

Analiz: Piyasa hareketliliği devam ediyor.