Bitcoin remained close to $84,000 on Thursday as a sharp rise in US Treasury yields weighed on risk assets, according to Cointelegraph. Treasury yields reached a 19-year high during the session, creating a more challenging backdrop for cryptocurrencies and other risk-sensitive markets. Despite the pressure, Bitcoin held relatively steady near the $84,000 level. ONDO stood out among altcoins, emerging as the top performer in that part of the crypto market. The move in yields was the main market development highlighted in the report, while the broader cryptocurrency market showed a mixed response. The combination of stable Bitcoin pricing and strength in ONDO pointed to uneven performance across digital assets as investors monitored the effect of higher US government borrowing costs.
