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30 Year Bonds


A close-up image of bitcoins placed on a sparkling gold glitter background, symbolizing cryptocurrency wealth.
Bitcoin Faces Bear Pennant Breakdown Risk as US 30 Year Yield Hits 25 Year High

By FXCOINZ Editorial

2 hours ago

Bitcoin is hovering near critical chart support around $62,850 while long term US borrowing costs climb to their highest level since 2001. Technical traders say a decisive breakdown could open the door to a move toward $45,235, even as the longer term debt narrative may eventually support BTC.