Bitcoin and S&P 500 hit 2-month lows as bond yields surge – Is the post-election rally over?

Bitcoin has tumbled to $90,000, its lowest level since November 18. That’s a 4.4% drop, a painful reminder of its December peak at $108,316. Ether tanked 6.6%, and the entire crypto market felt the heat. Investors hit the eject button on risky assets, spooked by a sharp spike in bond yields. Meanwhile, the S&P 500 […] source: https://www.cryptopolitan.com/bitcoin-and-sp-500-hit-2-month-lows-as-bond-yields-surge-is-the-post-election-rally-over/