Stocks catch up with BTC’s earlier crash to $60,000 as bond yields surge
Bitcoin BTC$70,469.59 started the 12 months on a painful word, even as fairness markets remained buoyant. But inventory merchants’ luck is now working out, as rising bond yields stress valuations. Prices for bitcoin plunged to almost $60,000 from round $90,000 within the first 5 weeks of the 12 months, in accordance to CoinDesk information. The…