CoinDesk·3 min read·medium

Live updates: Bitcoin holds $64,000 as surging yields and oil drain risk appetite

S
Shaurya Malwa
Live updates: Bitcoin holds $64,000 as surging yields and oil drain risk appetite
AI Summary

Bitcoin is showing resilience at the $64,000 level despite macroeconomic headwinds including rising Treasury yields and surging oil prices. While traditional equities are falling due to inflation concerns, Bitcoin is currently diverging from the broader risk-asset trend.

Ether held near $1,893 and the rest of the majors sat flat, with Hyperliquid the week's outlier, up 8.3%.

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