Bitcoin falls under $64K as surging US bond yields boost Fed rate-hike odds

Bitcoin saw several dips under the $64,000 mark as a Binance “plunge protection team” reemerged with bid liquidity to avoid a deeper BTC price rout.

Bitcoin (BTC) fell more than 1.6% on Friday as its latest price correction accelerated after Wall Street opened.

Key points:

Data from TradingView showed BTC/USD approaching $64,000 as bulls struggled to preserve recent gains.

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