Crypto
Bitcoin retests $60,000 support as oil, Japan jitters and Strategy sales risk weigh
Bitcoin is sliding back toward the key $60,000 support level, facing mounting short-term downside pressure as risk sentiment weakens. Markets are citing a jump in oil prices, global rate worries and renewed concerns over possible additional bitcoin sales by Strategy. Brent has risen to $74 a barrel from $68, while Japan’s 10-year government bond yield has climbed to its highest in about 30 years. Regulatory signals have also remained unsupportive.
