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Bitcoin sees volatile monthly close as US bond yields in focus
Cointelegraph notes bitcoin’s moves tracked attention on US Treasury yields after Scott Bessent addressed the market’s rate outlook.
Bitcoin entered a volatile stretch around its monthly close, with sharp swings unfolding within its local trading range, according to Cointelegraph.
The outlet linked the intramonth volatility to market attention on US Treasury yields, as Scott Bessent addressed where the US bond market could be heading.
Bitcoin’s price action reflected shifting expectations tied to the bond market, with the story framing the moment as a test of how crypto trades when US yields are in focus.
Latest closeBitcoin $78,863.32 ▲1.5%