Bitcoin Price Drops After New Year, But $120K Bets Keep Investors Excited and Hopeful for Future Gains
As the new year began, Bitcoin (BTC) surged towards $100,000, recovering from December’s slump. However, a week later, it fell back to $93,000 amid concerns over rising U.S. Treasury yields and inflation. Higher bond yields made Bitcoin and other risk assets less appealing. Market analysts noted that the upcoming expectations from the Federal Reserve, especially ...
