Quick Take Bitcoin has slipped below its $29,000 support level, currently lingering around $28,500, as multiple macroeconomic factors coalesce to pressure the digital asset. As a primary influencing element, U.S. treasury yields have demonstrated a continuous ascent, with the 10-year yield marking its highest close since June 2008 at 4.27%. This rise in yields, indicative … Continue reading US 10Y hits highest close since June 2008 as Bitcoin loses $29,000 support