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$125 Billion US Treasury Sale Starts Soft: Why Bitcoin May Feel Tuesday’s Test

$125 Billion US Treasury Sale Starts Soft: Why Bitcoin May Feel Tuesday’s Test
AI summary

A $125 billion US Treasury sale opened soft, with Tuesday's 10-year auction and CPI print seen as the key tests for risk assets. Weak demand for government debt can push yields higher, tightening financial conditions and pressuring Bitcoin and equities. Traders will watch the auction results and inflation data for direction.

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Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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