馃殌 Bitcoin's rollercoaster continues! After a promising start to the year, BTC briefly touched $100,000 but has since slipped to $93,000. CoinDesk highlights the influence of rising U.S. Treasury yields, driven by persistent inflation, on crypto markets. As yields become more attractive, risk assets like BTC face pressure.
Yet, optimism lingers in the options market, with bullish bets on BTC's future price. Calls at $120,000 remain popular, suggesting traders foresee a rebound.
What do you think? Will BTC bounce back or face more hurdles? Share your thoughts in the comments!