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Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.

BTC price on Sept. 21 (CoinDesk)
BTC price on Sept. 21 (CoinDesk)