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Bitcoin drops below 101,536 as US yields rise again
A short while ago US treasury yields edged higher again and now the 10 year note is around 4.65% and that has been sufficient to send Gold lower once more after it rebounded more than $10 from its earlier lows. At the same this has also dented BTC. So, now the lead cryptocurrency has taken out the previous low, at 101,536. The low seen a moment ago was set at 101,246 and as it draws closer to the 100k support level again that is likely to make some longs a little nervous. Of course there is still no guarantee that 100k will be tested, or taken out. BTC is right now at 101,525
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