Tag: US Treasury

Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage

Bitcoin held resiliently around $84,000 despite a historic US Treasury shock that drove 10-year yields to 5.22%. Traders slashed $1.7 billion in leverage without triggering a major spot price crash.

Bitcoin shattered $80,000 after a $148 billion US liquidity shock failed to break markets

Bitcoin surpassed $80,000 after a $148 billion US Treasury cash build and a Federal Reserve rate hike failed to disrupt overnight funding markets or cause widespread financial instability.