Live updates: Bitcoin steadies near $84,000 as the bond selloff pauses
Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.
Bitcoin prices steadied near $84,000 on Friday. Treasury yields had eased from multi-decade highs, according to CoinDesk.
The cryptocurrency had started the week on strong footing but sharply curbed gains following a surge in government bond yields, Investing.com reported. Bitcoin was trading up 3.4% for the week.
A major hack targeting exchange Bitget also made headlines, with the exchange saying it suffered a security breach that affected about $351.6 million in digital assets, according to Investing.com. The losses were fully covered by its user protection fund of over $464 million.
Brief written by urgent.news from CoinDesk, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Bitcoin pauses near $84k with focus on rate jitters, Bitget hack investing.com
- Bitget pauses withdrawals after up to $352m breach techinasia.com
