Bitcoin, Gold Under Pressure as Dollar Tracks US Treasury Yields Higher — CoinDesk

The crypto market leader is trading near $41,800 at press time, down 2% for the week, having bounced from $41,000 to $44,000 over the weekend. Gold is nursing a 0.5% loss at $1,740 per ounce, while the dollar index, which tracks the greenback’s value against majors, has jumped to 1.5-month highs above 93.00. The 10-year Treasury yield is seen at three-month highs near 1.5%, and the two-year yield is hovering at an 18-month high of 0.28%, according to data provided by TradingView.