As of the close of the US stock market, the yield on long-term US Treasuries continues to rise. Funds are likely to continue being withdrawn from the market, with US stocks being the first to be drained. It is currently uncertain whether this will extend to cryptocurrencies or even cryptocurrency-related ETFs, but cryptocurrencies are likely to be subject to delayed liquidation.
$MSTR and $COIN are temporarily not following the price rebound of $BTC.
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