Bitcoin fails to hold onto new all-time high of $109,857 as Treasury yields surge

Bitcoin hit a fresh record of $109,857 earlier on Wednesday before getting wrecked hours later, dropping almost instantly to $106,678 and wiping out most of the day’s gains. The drop came as Treasury yields ripped higher, sending stocks lower across the board. Bitcoin’s price had risen nearly 3% earlier in the day, only to reverse […] source: https://www.cryptopolitan.com/bitcoin-fails-to-hold-onto-new-all-time-high/