Bitcoin traded near $83,900 and Ethereum hovered around $2,680 on Tuesday as digital assets consolidated under pressure from higher U.S. Treasury yields, firm crude oil prices and selective profit-taking. Analysts said the pullback reflects a broader risk-off tone, even as strong institutional ETF inflows and important technical support levels continue to cushion the market.
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"Bitcoin Holds Near $83,900 as Macro Pressure Keeps Crypto Markets in Check"
Bitcoin traded near $83,900 and Ethereum hovered around $2,680 on Tuesday as digital assets consolidated under pressure from higher U.S. Treasury yields, firm crude oil prices and selective profit-taking. Analysts said the pullback reflects a broader risk-off tone, even as strong institutional ETF inflows and important technical support levels continue to cushion the market.
Bitcoin Holds Near $83,900 as Macro Pressure Keeps Crypto Markets in Check
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (12:05 PM IST)•5 min read
Bitcoin traded near $83,900 and Ethereum hovered around $2,680 on Tuesday as digital assets consolidated under pressure from higher U.S. Treasury yields, firm crude oil prices and selective profit-taking. Analysts said the pullback reflects a broader risk-off tone, even as strong institutional ETF inflows and important technical support levels continue to cushion the market.
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