Bitcoin Dips Below $63,000 as Rising Oil Prices and Bond Yields Pressure Markets

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Bitcoin fell below the $63,000 mark as broader macroeconomic pressures weighed on risk assets. WTI crude oil surpassed $82 per barrel, intensifying concerns about persistent inflation. Rising bond yields added further strain, prompting investors to move away from riskier investments. The combination of climbing energy prices and higher yields created a challenging environment for cryptocurrencies and other risk-sensitive assets.

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