After making a strong start to October and surpassing the $28,000 level, the price of Bitcoin (BTC) has dropped over 2% and is currently trading at $27,619. The recent decline in price is attributed to the surge in bond yields in the US, which has reduced demand for riskier investments. The post Rise in US 10-Year Treasury Yield Hits Bitcoin and Altcoins: What’s Happening? appeared first on COINTURK NEWS.
