{"id":90374,"date":"2025-01-08T00:15:38","date_gmt":"2025-01-08T05:15:38","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90374"},"modified":"2025-01-07T23:53:09","modified_gmt":"2025-01-08T04:53:09","slug":"bitcoin-drops-below-97000-as-treasury-yields-pressure-risk-assets","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2025\/bitcoin-drops-below-97000-as-treasury-yields-pressure-risk-assets.html","title":{"rendered":"Bitcoin drops below $97,000 as Treasury yields pressure risk assets"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">Bitcoin<\/a>\u00a0slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 5% at $96,525.50, according to Coin Metrics.\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\">Ether<\/a>\u00a0slid 8% and the broader market of cryptocurrencies, as measured by the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/\">CoinDesk 20<\/a>\u00a0index, dropped 7%. Crypto stocks\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\">Coinbase<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/MSTR\/\">MicroStrategy<\/a>\u00a0fell more than 8% and 9%, respectively. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/01\/07\/crypto-market-today.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bitcoin\u00a0slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 5% at $96,525.50, according to Coin Metrics.\u00a0Ether\u00a0slid 8% and the broader market of cryptocurrencies, as [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90374","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90374"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90374\/revisions"}],"predecessor-version":[{"id":90375,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90374\/revisions\/90375"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}