Episode briefing / Crypto News Today
Bitcoin Falls
Episode notes
Bitcoin fell from $87,251 toward $84,600 as strong United States business data pushed the 10-year Treasury yield to 5.06%, strengthened the dollar and pressured risk assets. With almost $18 billion of Bitcoin and Ethereum options expiring Friday, is this a temporary macro shock or the start of a deeper reversal?
Also covered: BitMEX ending trading after 11 years, MoonPay agreeing to acquire North Capital for more than $60 million, Solana testing 150-millisecond Alpenglow finality, Bitpanda and Raiffeisen Bank International planning crypto access across Central and Eastern Europe, and Binance supporting Zilliqa’s recovery migration.
Listener question: Do you need the United States 10-year Treasury yield back below 5% before trusting another Bitcoin bounce, or is holding above the estimated fund cost basis near $82,225 enough?
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