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Bitcoin Slides Under $77K as Crypto Liquidations Top $672M Amid Bond Sell-Off
Yahoo Finance· 2026-05-18 19:20
Bitcoin fell to a three-week low over the weekend as a surge in U.S. Treasury yields sent ETF outflows to their worst level since late January and drove more than $670 million in liquidations across crypto markets. The 10-year U.S. Treasury yield reached 4.63% on Sunday night—its highest since February 2025—up 70 basis points since the Iran War began, according to The Kobeissi Letter post Monday. The move puts yields four basis points above the level that prompted President Trump's 90-day tariff pause in A ...