COINTELEGRAPH · 2026-11-11 16:26 UTC

Bitcoin hovers near $74K as stocks rise despite US bond yield rebound

Bitcoin traded near $74,000 at Wednesday's Wall Street open while US stocks rallied and the 10-year Treasury yield returned to 5%, the first time since Oct. 29. BTC diverged from equities, staying in a narrow range between its 21-week ($73,078) and 50-week ($75,492) simple moving averages. Bitcoin lost support near $75,700, the short-term holder cost basis, and short-term holders sent over 47,000 BTC to exchanges at an unrealized loss on Tuesday.

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