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Rising Treasury yields and oil prices pressure bitcoin and tech
Bitcoin and tech face headwinds as a stronger dollar and higher energy prices weigh on risk assets, while silver slips below $59 an ounce.
CoinDesk reports that risk assets are under pressure as Treasury yields rise, energy prices surge, and the US dollar strengthens, factors that weigh on bitcoin and tech.
The outlet also points to weakness in silver, noting it fell below $59 an ounce amid the broader market moves.
Latest closeSilver $60.99 ▲1.7%|Bitcoin $82,323.67 ▼1.1%
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