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Bitcoin drops below $98,000 as Treasury yields pressure risk assets

CNBC
Summary
Nutrition label

76% Informative

Bitcoin drops 4.8% to $ 97,183.80 on Tuesday .

Bitcoin is up more than 3% since the start of the year .

Rising yields tend to pressure growth oriented risk assets.

Bitcoin expected to double this year 's value from $ 102,000 on Monday .

VR Score

89

Informative language

97

Neutral language

15

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links