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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin trades near $83,000 as macro headwinds and US political uncertainty weigh on sentiment

Bitcoin United States Inflation Crypto Prateek Gupta Bonds BNB Cardano ETF Hyperliquid

Bitcoin traded near the $83,000 mark on Tuesday as market experts noted that rising US Treasury yields, a stronger dollar and uncertainty ahead of the US midterm elections influenced market sentiment. The cryptocurrency was trading around the $83,385 mark.

In the past 24 hours, Bitcoin was up 0.08% and Ethereum was up 1.73% to trade around the $2,507 mark. Among major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano corrected by up to 6.26%.

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