Bitcoin fell to $85,600 after being rejected for the third time at the $87,000 level, while the Nasdaq Composite hit a new all-time high.
Bitcoin was rejected for the third time by sellers at the $87,000 mark on Monday, falling 1.2% to approximately $85,600 by early Tuesday in Asia. Meanwhile, the Nasdaq 100 index closed at a new all-time high, and the S&P 500 index also approached its historical peak. U.S. Treasury yields continued to climb, with the 10-year Treasury yield rising 1 basis point to 5.32%, a new high since 2002; the 2-year Treasury yield increased 2 basis points to 4.83%.
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