Bitcoin Price Dips to $66K Amid Investor Interest in Rising Treasury Yields

In the wild world of crypto, Bitcoin took a bit of a tumble, landing back down at $66K. What caused this sudden dip, you ask? Well, it seems that rising Treasury yields have caught the eye of investors, sparking some interest away from the popular digital currency. Prediction markets and CME’s Fed Watch Tool have chimed in and virtually ruled out a rate cut until later this year, giving investors something else to mull over. So, with Bitcoin feeling the effects of these shifting tides, investors are keeping a close watch on how the market will react in the coming days. Will Bitcoin bounce back with a vengeance or will it continue its decline? Only time will tell in this crypto rollercoaster ride. So, buckle up, fellow crypto enthusiasts, and get ready for the next twist and turn in this ever-evolving market.