Market News / Story
Bitcoin, Ethereum, XRP, Dogecoin Tumble as Treasury Yields Hit New Highs: Analyst Flags 'Phenomenal Entry Opportunity' in BTC
Benzinga ·
Benzinga reports: Leading cryptocurrencies tanked on Wednesday after the Federal Reserve’s hawkish meeting minutes drove Treasury yields higher. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:26 p.m. EDT)Bitcoin -2.60%$83,174Ethereum -4.20%$2,576.32XRP -4.80%$1.42Solana -3.20%$116.31Dogecoin -4.80%$0.08918 Crypto Market in Red Bitcoin sank below $83,000, while Ethereum lost its $2,600 support amid broader cryptocurrency sell-offs. Cryptocurrency-related stocks also fell, with Strategy…