Bitcoin Falls to the $77,000 Range as U.S. Treasury Yields Rise [Crypto Briefing]

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\r\n[The Financial News] Bitcoin fell to the $77,000 range on the 19th. The decline appears to reflect weaker expectations for interest rate cuts, as U.S. Treasury yields surged.
According to CoinMarketCap, Bitcoin was trading in the $77,000 range at 10:05 a.m., down 0.09% from the previous day on a 24-hour basis. Over the past week, Bitcoin has fallen 5.39%.
Bitcoin is trading in the 114 million won range on the Korean won market. Based on Cryprice, the Korean premium stands at -0.81%.
Investor sentiment weakened as the benchmark U.S. 10-year Treasury note yield surged to its highest level in 15 months in early trading. The U.S. 10-year Treasury note yield closed at 4.59% the previous day, its highest level in the past year.
All three major New York Stock Exchange indexes fell except the Dow Jones Industrial Average, which is made up of 30 blue-chip stocks. On the 18th local time, the Dow rose 159.95 points, or 0.32%, from the previous session, but the Standard & Poor's 500 Index (S&P 500) and Nasdaq fell 5.45 points, or 0.07%, and 134.41 points, or 0.51%, respectively.
The CoinMarketCap Crypto Fear and Greed Index stood at 40, indicating "neutral." The index ranges from 0 to 100, with values closer to 0 interpreted as "extreme fear" and those closer to 100 as "extreme greed."
At the same time, Ethereum was trading in the $2,132 range, up 0.90% from the previous day. Ripple (XRP) was trading in the $1.39 range, down 0.17%.
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yimsh0214@fnnews.com Lim Sang-hyeok Reporter