Bitcoin’s usual lifeline is failing as a bond market warning puts $80,000 at risk
AI summary
Bitcoin briefly lost its $81,000 footing on Oct. 22 as a broad risk-off move hit markets, with the Nasdaq down more than 2% and precious metals also selling off. The 10-year Treasury yield fell from 5.146% to below 5%, its biggest one-day drop in over two years, a bond-market signal the article frames as a warning for Bitcoin. Traders should watch whether BTC can hold the $80,000 area, since a break lower would confirm the correlation-driven weakness.
