Bitcoin edged slightly higher over 24 hours on Tuesday, while Ethereum and Dogecoin lost some ground, as the global cryptocurrency market cap rose 0.1% to $1.7 trillion at press time.
|Bitcoin (CRYPTO: BTC)||0.6%||0.8%||$38,768.91|
|Ethereum (CRYPTO: ETH)||-0.8%||0.9%||$2,550.19|
|Dogecoin (CRYPTO: DOGE)||-1.6%||-5.1%||$0.11|
|Cryptocurrency||24-Hour % Change (+/-)||Price|
|The Graph (GRT)||+7.2%||$0.36|
See Also: How To Buy Bitcoin (BTC)
Why It Matters: U.S. Treasuries yields touched their highest levels in two-and-a-half years on Tuesday ahead of a possible rate hike by the Federal Reserve. The benchmark 10-year yields touched 2.169%, a level not seen since June 2019, according to a Reuters report.
“Bitcoin remains trapped in a tight range despite improving sentiment for risk. The surge in Treasury yields over the past week has handcuffed Bitcoin, and tomorrow’s (Federal Open…