Glassnode: The market is absorbing macroeconomic pressures more effectively than in previous cycles
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Foresight News reports, according to Glassnode monitoring, the US 10-year Treasury yield has rebounded to 4.4%, a level that previously put pressure on BTC prices. However, this time Bitcoin has recovered to over $80,000 under the interest rate backdrop, indicating that the market’s ability to absorb macroeconomic pressures is more effective than in previous cycles.
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