Bitcoin price dips under $55K as US bond yields touch 13-month high

Bitcoin price dips under $55K as US bond yields touch 13-month high

Fresh difficulties for BTC price action fails to dent investor enthusiasm as the battle for $55,000 support begins. Bitcoin (BTC) slid under $55,000 on March 17 as United States treasury yields built on a comeback, which took them to their highest in over a year.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price stays firmly rangeboundData from Cointelegraph Markets Pro and Tradingview showed further downward pressure for BTC/USD on Wednesday, compounding a comedown that began late on Sunday.While not plugging the week's lows at nearer $53,000, the latest dip to $54,425....


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