CoinsValue.net logo CoinsValue.net logo
tri-able
CoinTurk News 2023-08-22 06:34:38

Bitcoin Enters “Oversold” Zone as Rising Bond Yields Exert Pressure on Risky Assets

An important technical analysis indicator shows that Bitcoin (BTC), the largest cryptocurrency, has entered the oversold zone due to the pressure exerted by rising bond yields on risky assets, including the cryptocurrency market. Furthermore, the technical outlook indicates that the trend in BTC has turned bearish. The post Bitcoin Enters “Oversold” Zone as Rising Bond Yields Exert Pressure on Risky Assets appeared first on COINTURK NEWS.

Read the Disclaimer : Coinsvalue.net