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Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
coindesk.com/markets/2025/05/21/bitcoin-backs-off-quickly-from-record-high-as-interest-rate-surge-hits-risk-assets
Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.
What to know:
- Bitcoin soared to a new record just below $110,000 on Wednesday, but price…
This story appeared on coindesk.com, 2025-05-21 23:07:36.792000.