Bitcoin (BTC) Posts Biggest Weekly Loss in Five Months as Dollar (USD) Liquidity Declines, Debt Ceiling Fears Resurface

The main cryptocurrency by market worth fell by 9% to $27,600, registering its largest single-week proportion loss since early November, in keeping with knowledge from TradingView and CoinDesk. The yield on the 10-year U.S. Treasury be aware rose by six foundation factors (bps) to three.58%, its second straight weekly achieve, denting the attraction of threat property, together with cryptocurrencies.