Bitcoin Tumbles $5,000 In 24 Hours As Interest Rates Jump

Slashdot
By BeauHDApr 2, 2024, 8:10 pm183 pts
Bitcoin fell more than 4.76% on Tuesday to $66,134 amid rising Treasury yields and strength in the U.S. dollar. CNBC reports: On Monday morning, it was trading at about $70,000 before data came out showing growth in the manufacturing sector for the first time since September 2022 and investor bets on June rate…

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