Bitcoin Surges Above $84,000 Amid Steady Treasury Yields

Bitcoin rebounded on Tuesday, reaching above $84,000 after experiencing dips to around $82,500.

The 10-year Treasury yield held steady near 5.25%, a level not seen since 2007.

Ether led the pack among major cryptocurrencies, rising by 2% to nearly $2,720.

Other notable gains were seen in DOGE, up 3%, and XRP, which added 2%, while BNB, SOL, and TRX each gained less than 1%.

However, HYPE slipped 1%, and ZEC was the outlier, down 9% to about $1,423.

U.S. spot Bitcoin ETFs saw inflows of around $31 million on Monday, with ether funds taking in approximately $17 million.

SOL and XRP funds added a combined $17 million, while the sole U.S. ZEC fund posted a net outflow of about $8 million.