Higher US yields still weighing on BTC

On the one hand a Trump victory is seen as positive for Bitcoin by many in the markets. However, at the same time, if that is the case; the risk of higher inflation (and higher interest rates) that might deliver is clearly also a headwind and so far this week, those opposing forces have rather stymied BTC. The lead coin has dropped back below the 67k handle again this morning and right now it is close to session lows , as it approaches the 66,750 mark. Just at this precise moment it seems that the push higher in US yields is having more impact, than the uplift any Trump victory might deliver. This might well, chop and change, but for now the higher dollar and higher yields are clearly forcing potential BTC dip buyers to the sidelines to a certain degree. BTC is just now trading at 66,760